Commodity Prices

Gold •10 mins	2,355.30	+12.80	+0.55%
Platinum •10 mins	926.30	+5.80	+0.63%
WTI Crude •10 mins	84.29	+0.72	+0.86%
Gasoline •10 mins	2.773	+0.015	+0.55%
Ethanol •15 hours	2.161	+0.000	+0.00%
Silver •10 mins	27.86	+0.22	+0.80%

Silver • 10 mins	27.86	+0.22	+0.80%
Copper • 10 mins	4.582	+0.043	+0.95%
Brent Crude • 10 mins	89.69	+0.68	+0.76%
Natural Gas • 11 mins	1.520	-0.118	-7.20%
Heating Oil • 11 mins	2.574	+0.024	+0.93%

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AUD/USD: Bullish Intraday Reversal

By - Apr 09, 2013, 5:36 AM CDT

AUD/USD made a bullish intraday reversal yesterday, invalidating a potential double-top formation. An hourly resistance can be found at 1.0454. Another resistance is at 1.0497 (26/03/2013 high). Hourly supports are at 1.0381 (intraday low) and 1.0348 (08/04/2013 low).

In the medium-term, AUD/USD is moving within the horizontal range defined by the support at 1.0149 (08/10/2012 low) and the resistance at 1.0613 (09/08/2012 high). The recent technical improvements favour a test of the top of this range.

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