Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	979.40	-0.20	-0.02%
WTI Crude •10 mins	62.33	+0.06	+0.10%
Gasoline •45 mins	2.081	-0.003	-0.12%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.17	+0.05	+0.08%
Natural Gas • 10 mins	2.999	-0.023	-0.76%
Heating Oil • 32 mins	2.122	-0.005	-0.22%

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AUD/USD: Pausing

By - May 22, 2013, 5:40 AM CDT

AUD/USD is pausing within its underlying downtrend. Hourly resistances are at 0.9843 and 0.9919 (15/05/2013 high). As long as prices remain below that second level, we favour a test of the key support at 0.9582. An hourly support is now at 0.9711.

In the medium-term, the break to the downside out of the horizontal range between 1.0177 (25/07/2012 low) and 1.0613 (09/08/2012 high) favours a test of the key support area given by 0.9582 (01/06/2012 low) and 0.9388 (04/10/2011 low).

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