Commodity Prices

Gold •369 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,387.80	+14.50	+1.06%
WTI Crude •10 mins	67.46	-0.47	-0.69%
Gasoline •10 mins	2.148	-0.004	-0.19%
Ethanol •369 days	2.161	+0.000	+0.00%
Silver •369 days	30.82	+1.16	+3.92%

Silver • 369 days	30.82	+1.16	+3.92%
Copper • 369 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.24	-0.34	-0.49%
Natural Gas • 11 mins	3.387	-0.025	-0.73%
Heating Oil • 10 mins	2.398	-0.023	-0.95%

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EUR/USD: Recent Low at 129.85 Has Held Thus Far

By - Jul 01, 2013, 5:48 AM CDT

EUR/USD still exhibits a succession of lower highs. However, the recent low at 1.2985 has held thus far. Monitor the resistance at 1.3103, as a break would improve the short-term technical configuration. Another support can be found at 1.2942, while another resistance lies at 1.3151.

In the medium-term, the recent price action from 1.2746 (04/04/2013 low) is viewed as a corrective phase within a larger downtrend. The high at 1.3417 (19/06/2013 high) following Bernanke's comments is a significant top. A minimum medium-term move towards the support at 1.2797 (17/05/2013 low) is expected.

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