Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	935.80	-0.60	-0.06%
WTI Crude •10 mins	69.75	+0.29	+0.42%
Gasoline •24 mins	1.948	+0.007	+0.35%
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	73.19	+0.25	+0.34%
Natural Gas • 10 mins	3.868	+0.120	+3.20%
Heating Oil • 13 mins	2.248	+0.016	+0.72%

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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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