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Gold •10 mins	1,423.00	-3.90	-0.27%
Platinum •10 mins	851.50	-1.20	-0.14%
Bitcoin •1 min	10,015.68	-534.45	-5.07%
WTI Crude •11 mins	55.97	-0.25	-0.44%
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Silver •10 mins	16.43	+0.02	+0.12%

Silver • 10 mins	16.43	+0.02	+0.12%
Copper • 10 mins	2.711	-0.011	-0.40%
Ethereum • 1 min	212.36	-10.82	-4.85%
Brent Crude • 10 mins	62.91	-0.35	-0.55%
Natural Gas • 10 mins	2.292	-0.001	-0.04%

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AUD/USD - Trading Around The 200-DMA

By - Jan 16, 2017, 6:26 AM CST

AUD/USD has finally ended its rebound from support given at 0.7145 (24/05/2016 low). A short-term bullish technical structure dominates. Local support is given at 0.7331 (yesterday low). Expected to see further consolidation.

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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