FXStreet (Guatemala) - AUD/USD is consolidating in mixed markets and drivers, while being tugged one way by the prospects of the Fed and prices of oil that have made fresh lows and then rebounded, dragging the Aussies price up on the recovery. The prospects for EM's and commodity related currencies are on tenterhooks this week while risk of the first rate hike in the US in more than nine years beckons on 16 December, as noted by analysts at ING Bank that are looking for a difficult dovish hike to be delivered by Yellen. Oil is also a big driver currently as oil speculators trimmed bullish bets for a fifth week. AUD/USD levels Technically, AUD/USD remains in a recovery from daily lows and now targets the 200 SMA on the hourly chart at 0.7268 and supported at the 100 SMA on the same time frames down at 0.7233. The pivot at 0.7219 has been exceeded at 0.7219 and a score through the 0.73 handle would bring R2 at 0.7319 into the picture ahead of R3 at 0.7354. RSI (14) on the hourly is at 59 and price has more to go on the upside to negate the loses of 9th Dec highs at 0.7330. For more information, read our latest forex news.