AUD/USD technical analysis for 03.07.2013
Daily bars, general picture: AUD/USD continued to decline. The daily chart shows that the pair maintained its downtrend, stalling below 0.92 in the oversold area. There are no significant changes in the volumes. Both MACD histogram and stochastic go down which signifies the bears power. System analysis: As the prevailing mood is bearish, it is […]