The Australian Dollar was higher Wednesday against the US dollar. The Aussie was trading at 1.0145, up 0.42% at the time of this writing. Where is the Aussie headed in the short-term? Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie gradually fell during the early part of the session, reaching 1.0083 by mid-session and then rising to a high of 1.0155 before consolidating to its current level. Technical indicators seem to be currently pointing to an unclear short-term future. Current range: 1.0064- 1.0157 Further levels: Below: 1.0121, 1.0131, 1.0136 Above: 1.0151, 1.0161, 1.0166 AUD / USD likely to find support at Wednesday’s low of 0.9827, and resistance at 1.0144. AUD/USD Fundamentals 08:30 US Core Durable Goods Orders m/m Exp. 2.1% Vs. -3.0% 08:30 US Unemployment Claims Exp. 388K Vs. 385K 08:30 US Durable Goods Orders m/m Exp. 1.2% Vs. 3.2% 10:30 US Natural Gas Storage Exp. -11B Vs. -56B 18:30 New Zealand RBNZ Gov Bollard Speaks 19:30 US FOMC Member Duke Speaks * 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. Investor sentiment remains jittery although some confidence has been restored due to high radiation levels in food and products from Japan. The US reported today that new home sales was lower than expected for the month of February, dropping 16.9% Currensee Community:93% are short, 7% are long. 402 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 24 2011 Anat Dror 12 years The Australian Dollar was higher Wednesday against the US dollar. The Aussie was trading at 1.0145, up 0.42% at the time of this writing. Where is the Aussie headed in the short-term? Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie gradually fell during the early part of the session, reaching 1.0083 by mid-session and then rising to a high of 1.0155 before consolidating to its current level. Technical indicators seem to be currently pointing to an unclear short-term future. Current range: 1.0064- 1.0157 Further levels: Below: 1.0121, 1.0131, 1.0136 Above: 1.0151, 1.0161,… 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.