Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	942.30	+5.90	+0.63%
WTI Crude •10 mins	69.24	-0.22	-0.32%
Gasoline •17 mins	1.944	+0.002	+0.12%
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	72.68	-0.26	-0.36%
Natural Gas • 10 mins	3.849	+0.101	+2.69%
Heating Oil • 18 mins	2.241	+0.009	+0.42%

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AUD/USD - Making New Lows

By - Aug 07, 2014, 5:43 AM CDT

AUD/USD has broken the key support at 0.9319, validating a bearish reversal pattern with a downside risk at 0.9206. Today's new lows confirm this downside potential. An hourly resistance lies at 0.9355/0.9374.

In the longer term, prices are consolidating within the range defined by the key support at 0.9206 and the key resistance at 0.9461 (10/04/2014 high)/0.9505. The break of the support at 0.9319 calls for a test of the low of the range.

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