• AUD/USD pair rose on Tuesday as Australian dollar was propelled by soaring commodity prices and weak greenback.
   
• The greenback fell across the board on profit-taking ahead of risk-packed events including the Federal Reserve's December policy meeting.
   
• Currently, the currency pair is trading around 0.7485 levels, it is set to advance further towards 0.7520 later towards 0.7550 levels in the short term.
   
• To the upside, immediate resistance can be seen at 0.7488, a break above this level would take the pair towards next resistance level at 0.7525.
   
• To the downside, immediate support can be seen at 0.7459, a break below this level will open the door towards next level at 0.7430.​
  
  Resistance Levels
  
  R1: 0.7488 (38.2% Retracement level)
  
  R2: 0.7525 (23.6% Retracement level)
  
  R3: 0.7548 (Nov  11th  high)​
  
  Support Levels
  
  S1: 0.7459 (50% Retracement level)
  
  S2: 0.7430 (61.8% Retracement level)
  
  ​S3: 0.7395 (Nov 25th lows)