The Australian Dollar was higher Monday against the US dollar following positive news from Japan and Global action against Libya. The Aussie was trading at 1.0055, up 0.95% at the time of this writing. Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie reached a high of 1.0069 in the early afternoon and then falling to 1.0035 in the late afternoon, and then gradually consolidating to its present level. The currency has been fluctuating relatively actively during the session. Current range: 0.9955- 1.0070 Further levels: Below: 1.0037, 1.0042, 1.0048 Above: 1.0059, 1.0064, 1.0070 AUD / USD likely to find support at Wednesday’s low of 0.9708, and resistance at 1.0070. AUD/USD Fundamentals 07:35 US FOMC Member Fisher Speaks 08:30 US Treasury Sec Geithner Speaks 10:00 US OFHEO HPI m/m Exp. -0.2% Vs. -0.3% 10:00 US Richmond Manufacturing Index 17:45 New Zealand Current Account * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment Reports from Japan that all but one reactor are under control and that there has been progress with reactor #3 has left investors more relieved. While there is still cause for concern about a potential Nuclear disaster, for the moment it seems that such a situation has been avoided. Investor sentiment is higher after a UN vote sanctioning military action against Libya and actual action taken by the US, France and Britain. Currensee Community:93% are short, 7% are long. 393 open positions in real accounts trading this pair at the moment. The community is expecting lower levels of the pair ahead. Tamar Schoppik Tamar Schoppik View All Post By Tamar Schoppik AUD/USD Daily Outlooks share Read Next Forex Daily Outlook – March 22 2011 Anat Dror 12 years The Australian Dollar was higher Monday against the US dollar following positive news from Japan and Global action against Libya. The Aussie was trading at 1.0055, up 0.95% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie reached a high of 1.0069 in the early afternoon and then falling to 1.0035 in the late afternoon, and then gradually consolidating to its present level. The currency has been fluctuating relatively actively during the session. Current range: 0.9955- 1.0070 Further levels: Below: 1.0037, 1.0042, 1.0048 Above:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.