Olli Rehn has said that "Spain won't ask for bailout in near terms", and Spain is on track as "new steps are not needed."
The AUD/USD is trading at intra-week lows at 1.0380, and declining 0.55% so far today. The pair is bearish since it was rejected at 1.0455 in the European session.
According to the FXstreet.com Forex Studies, MACD, CCI, Momentum and ROC indicators poin lower in the 15-minute chart. While Stochastics shows bullish signal in the 1-hour time frame.
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