FXStreet (Guatemala) - AUD/USD is currently trading at 0.7099 with a high of 0.7120 and a low of 0.7094. AUD/USD is chipping away at the 0.71 handle to the downside while we await Tokyo to come online after a strong performance by the greenback overnight on the back of the FOMC statement. It appears that the FOMC is leaving the door open for a rate hike this December while they are less concerned about the negative impacts that a slower Global economy is having on the US economy while removing the previous cautionary statement of such risks hindering timings of a rate hike. Full text October FOMC statement AUD/USD levels Technically, below 0.7100 has the 0.7050/80 support and 0.7000/00 that guards the September lows at 0.6940 ahead of 0.6900. The bearish trend is firmly in place below the 0.7385 Fibo retracement. Upside targets 0.7162 and 0.7211 the pivot. For more information, read our latest forex news.