Is Black Gold approaching a bottom?

After sliding from $55bbl to $52.70bbl, WTI has stabilized having drifted from the lows overnight and into a consolidation below $54bbl.
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AUD/USD breaking key levels; consolidated

AUD/USD is trading at 0.8184, up 0.05% on the day, having posted a daily high at 0.8191 and low at 0.8175.
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