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WTI Crude •11 mins	56.81	+0.03	+0.05%
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Brent Crude • 11 mins	63.86	+0.20	+0.31%
Natural Gas • 13 mins	2.285	+0.007	+0.31%

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AUD/USD - Bouncing From Support At 0.7145

By - Jan 04, 2017, 6:46 AM CST

AUD/USD's buying pressures increase around strong support given at at 0.7145 (24/05/2016 low). Further upside is likely towards resistance at 0.7313 (19/12/2016 high).

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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