The Australian Dollar was higher Tuesday against the US dollar following a lower Greenback against other major currencies, mostly as a result of expectations of interest rate hikes in Europe and the UK. The Aussie was trading at 1.0113, up 0.52% at the time of this writing. Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie fluctuated between 1.0113 and 1.0127 during the early afternoon session, briefly dropping to 1.0096 in the late afternoon and then consolidating to its current level. Current range: 1.0038- 1.0128 Further levels: Below: 1.0096, 1.0102, 1.0107 Above: 1.0118, 1.0124, 1.0129 AUD / USD likely to find support at Wednesday’s low of 0.9755, and resistance at 1.0128. AUD/USD Fundamentals 07:00 US FOMC Member Fisher Speaks 10:00 US New Home Sales Exp. 291K Vs.284K 10:30 US Crude Oil Inventories Exp. 2.0M Vs. 1.7M 12:00 US Fed Chairman Bernanke Speaks 17:45 New Zealand GDP q/q Exp. 0.1% Vs. -0.2% 19:00 Australia CB Leading Index m/m Previous: 0.7% 20:30 Australia RBA Financial Stability Review * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment Fear of a nuclear disaster in Japan has for the moment been relieved as Japan continues to report progress in attaining control over the troubled reactors. Investors remain jittery although some confidence has been restored. Currensee Community:93% are short, 7% are long. 455 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 23 2011 Anat Dror 12 years The Australian Dollar was higher Tuesday against the US dollar following a lower Greenback against other major currencies, mostly as a result of expectations of interest rate hikes in Europe and the UK. The Aussie was trading at 1.0113, up 0.52% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie fluctuated between 1.0113 and 1.0127 during the early afternoon session, briefly dropping to 1.0096 in the late afternoon and then consolidating to its current level. Current range: 1.0038- 1.0128 Further levels: Below: 1.0096, 1.0102, 1.0107 Above: 1.0118,… 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.