Commodity Prices

Gold •730 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,651.90	+23.80	+1.46%
WTI Crude •5 hours	68.78	+0.09	+0.13%
Gasoline •5 hours	2.953	+0.036	+1.23%
Ethanol •730 days	2.161	+0.000	+0.00%
Silver •730 days	30.82	+1.16	+3.92%

Silver • 730 days	30.82	+1.16	+3.92%
Copper • 730 days	4.530	+0.111	+2.51%
Brent Crude • 4 hours	72.12	+0.32	+0.45%
Natural Gas • 5 hours	3.245	+0.049	+1.53%
Heating Oil • 5 hours	3.257	+0.074	+2.34%

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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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