AUTOREFRESH 
AUD/USD suffering from commodities flu
By Jamie Coleman || June 22, 2009 at 15:48 GMT
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A wholesale liquidation is underway in the commodities markets as the Chinese miracles looks finally to be a mirage. Oil prices are down $2.75 or 3.9% while copper is 3.9% lower as well. US share prices are are down 2.4% as growth fears weigh heavily on the markets.
AUD/USD is suffering as a result of the rush out of the reflation trade. It has traded down to 0.7890 thus far and changes hands at 0.7902 at the moment. 0.7854 is next support, a support line drawn off the recent 0.7825 and 0.7845 lows.
Have a dry weekend all 
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