Commodity Prices

Gold •308 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	980.70	-2.50	-0.25%
WTI Crude •10 mins	59.93	+1.86	+3.20%
Gasoline •10 mins	2.085	+0.057	+2.81%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •308 days	30.82	+1.16	+3.92%

Silver • 308 days	30.82	+1.16	+3.92%
Copper • 308 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	62.88	+1.76	+2.88%
Natural Gas • 10 mins	3.563	-0.058	-1.60%
Heating Oil • 10 mins	2.038	+0.062	+3.12%

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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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