Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,349.30	-12.40	-0.91%
WTI Crude •11 mins	64.35	-0.25	-0.39%
Gasoline •12 hours	2.199	+0.050	+2.34%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 14 mins	68.19	-0.43	-0.63%
Natural Gas • 11 mins	2.982	+0.038	+1.29%
Heating Oil • 2 hours	2.281	-0.029	-1.24%

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AUD/USD: Moving Sideways with Wild Swings

By - Sep 24, 2012, 5:13 AM CDT

AUD/USD made sharp reversals on 20 September and 21 September. Monitor the implied support at 1.0368 and the implied resistance at 1.0519 (21/09/2012 high).

The proximity of the down trendline favours a significant phase of weakness. However, should a break to the upside out of the symmetrical triangle occur, it would force us to review our strategy.

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