Commodity Prices

Gold •316 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	984.70	-10.70	-1.07%
WTI Crude •10 mins	61.96	+0.34	+0.55%
Gasoline •10 mins	2.141	+0.007	+0.32%
Ethanol •316 days	2.161	+0.000	+0.00%
Silver •316 days	30.82	+1.16	+3.92%

Silver • 316 days	30.82	+1.16	+3.92%
Copper • 316 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.88	+0.35	+0.54%
Natural Gas • 10 mins	3.362	-0.355	-9.55%
Heating Oil • 10 mins	2.153	-0.013	-0.61%

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AUD/USD: Declining Towards The Low of its Medium Term Horizontal Range

By - Feb 12, 2013, 6:02 AM CST

AUD/USD continues to look weak after breaking under the key support at 1.0329. We now see scope for a return to the base of the recent longer-term range at 1.0149 (08/10/2012 low) over the coming days. Resistances can be found at 1.0294 (intraday high) and 1.0348 (08/02/2013 high, see also declining trendline).

AUD/USD is moving within the medium-term horizontal range defined by the support at 1.0149 (08/10/2012 low) and the resistance at 1.0613 (09/08/2012 high). A break out of this range is required to fuel a longer-term directional bias.

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