FXStreet (Córdoba) - Greenback weakened against commodity currencies before the FOMC statement and pushed AUD/USD to fresh daily highs. The pair peaked at 0.7231 and remains near the highs while volatility slowly increases in the currency market. At 19:00 GMT the Federal Reserve will release its statement with the interest rate decision and then Janet Yellen will hold a press conference. The US central bank could rise rates for the first time since 2006. While the US dollar remained steady against European currencies, it declined against commodity currencies, particularly versus the aussie and the kiwi. AUD/USD technical levels To the upside, immediate resistance might be seen at 0.7240 (Dec 8 & 9 high), 0.7285 (Dec 15 high) and 0.7335 (Dec 9 high). On the opposite direction support could lie at 0.7215 (20-SMA 4-hour chart), 0.7178 (daily low) and 0.7155 (Dec lows). ------- What will 2016 bring to the Forex traders? Attend our Forex Forecast 2016 - The Panel with Ashraf Laidi, Valeria Bednarik, Boris Schlossberg, Adam Button, Ivan Delgado and Dale Pinkert. Register for the live event on Dec. 18th and get the recording too. ------- For more information, read our latest forex news.