AUD/USD broke above parity on global optimism. Will it hold on to parity or drop?. Here’s a quick update on technicals, fundamentals and community trends. AUD to USD parity taken AUD/USD Technicals Asian session: AUD USD traded under parity and managed to take it.. Current Range: 1.00 to 1.0080 Further levels in both directions: Below 1, 0.9915, 0.9850, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0080, 1.0180, 1.0220, 1.03. 1.0080 next hurdle. AUD/USD Parity now provides support. AUD/USD Fundamentals 00:30 (Tuesday) NAB Business Confidence. Actual 6 points. 13:30 US Retail Sales. Exp. +0.6%. Core Retail Sales, exp. +0.7%. 13:30 US PPI. Exp. +0.6%, Core PPI exp. +0.2%. 15:00 US Business Inventories. Exp. +0.9%. 19:15 US Rate decision. No change expected. 23:30 Westpac Consumer Sentiment 00:00 (Wednesday). RBA Assistant Governor Guy Debelle talks. AUD/USD Sentiment The chances of a rate hike in China have dropped, and this helps the Aussie. Any rumor from China rocks the Australian dollar stronger than domestic figures these day. Australian employment data was far better than expected, with a huge gain in jobs. This temporarily boosted the Australian dollar. Also the hopes of wider solution for the European debt crisis raises optimism. Weak retail sales in New Zealand weighed on the Aussie, but only for a short time. Currensee Community: 85% are short, 15% are long. 396 open positions in real accounts trading this pair at the moment. The community continues seeing more falls in AUD/USD. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Belgium Downgrade Possible by S&P Yohay Elam 12 years AUD/USD broke above parity on global optimism. Will it hold on to parity or drop?. Here's a quick update on technicals, fundamentals and community trends. AUD to USD parity taken AUD/USD Technicals Asian session: AUD USD traded under parity and managed to take it.. Current Range: 1.00 to 1.0080 Further levels in both directions: Below 1, 0.9915, 0.9850, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0080, 1.0180, 1.0220, 1.03. 1.0080 next hurdle. AUD/USD Parity now provides support. AUD/USD Fundamentals 00:30 (Tuesday) NAB Business Confidence. Actual 6 points. 13:30 US Retail Sales. Exp. +0.6%. Core Retail Sales, exp. +0.7%. 13:30 US… 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.