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Gold •15 mins	1,426.60	-0.10	-0.01%
Platinum •15 mins	850.70	-1.40	-0.16%
Bitcoin •1 min	10,598.27	-210.67	-1.95%
WTI Crude •11 mins	56.05	+0.29	+0.52%
Gasoline •10 mins	1.804	+0.008	+0.46%
Silver •15 mins	16.24	+0.04	+0.28%

Silver • 15 mins	16.24	+0.04	+0.28%
Copper • 15 mins	2.744	-0.008	-0.31%
Ethereum • 1 min	224.68	-4.22	-1.84%
Brent Crude • 10 mins	63.04	+0.57	+0.91%
Natural Gas • 11 mins	2.266	+0.038	+1.71%

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AUD/USD - Continued Increase

By - Jun 01, 2016, 6:20 AM CDT

AUD/USD is reversing. Hourly support is located at 0.7145 (24/05/2016 low). Stronger daily support is given at 0.7110 (29/10/2016 low). Hourly resistance at 0.7260 (23/05/2016 high) confirms buying pressures.

In the long-term, we are waiting for further signs that the current downtrend is ending. Key supports stand at 0.6009 (31/10/2008 low) . A break of the key resistance at 0.8295 (15/01/2015 high) is needed to invalidate our long-term bearish view.

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