Commodity Prices

Gold •625 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,970.50	+26.80	+1.38%
WTI Crude •12 hours	98.23	+2.68	+2.80%
Gasoline •12 hours	3.286	+0.159	+5.09%
Ethanol •625 days	2.161	+0.000	+0.00%
Silver •625 days	30.82	+1.16	+3.92%

Silver • 625 days	30.82	+1.16	+3.92%
Copper • 625 days	4.530	+0.111	+2.51%
Brent Crude • 11 hours	112.19	+3.54	+3.26%
Natural Gas • 12 hours	3.095	-0.071	-2.24%
Heating Oil • 12 hours	4.608	+0.266	+6.14%

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AUD/USD: Back To its Previous Low

By - Dec 12, 2013, 5:10 AM CST

AUD/USD weakened sharply yesterday, confirming an underlying bearish trend. Monitor the support at 0.8999. Hourly resistances stand at 0.9082 (intraday high) and 0.9168.

AUD/USD has broken the key support at 0.9281, opening the way for a medium-term decline towards the support at 0.8893.

The long-term technical pattern remains negative thus far. A test of the support area between 0.8848 (05/08/2013 low) and 0.8893 (28/08/2013 low) is our most conservative longterm downside risk.

Daily Technical Report