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Gold •358 days	2,368.70	+35.30	+1.51%
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Gasoline •11 mins	2.098	+0.015	+0.73%
Ethanol •358 days	2.161	+0.000	+0.00%
Silver •358 days	30.82	+1.16	+3.92%

Silver • 358 days	30.82	+1.16	+3.92%
Copper • 358 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.75	+0.07	+0.10%
Natural Gas • 19 mins	3.302	-0.104	-3.05%
Heating Oil • 10 mins	2.362	+0.066	+2.87%

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AUD/USD - Setting Lower Highs

By - Jun 17, 2016, 6:29 AM CDT

AUD/USD is trading mixed. Yet the pair seems to weaken. Hourly support is located at 0.7286 (16/06/2016 low). Stronger daily support is given at 0.7110 (29/10/2016 low). Expected to further decline.

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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