Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	941.50	+5.10	+0.54%
WTI Crude •10 mins	69.81	+0.35	+0.50%
Gasoline •10 mins	1.954	+0.012	+0.64%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.26	+0.32	+0.44%
Natural Gas • 10 mins	3.891	+0.143	+3.82%
Heating Oil • 10 mins	2.256	+0.025	+1.10%

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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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