AUD/USD Outlook (2 December 2019)

Overall, AUD/USD is trending downwards. This morning, AUD/USD trended higher after the release of the positive manufacturing and non-manufacturing PMI data from China over the weekend.
The Reserve Bank of Australia (RBA) will be announcing their interest rate decision tomorrow at 1130 (SGT).
It is expected that the RBA will be keeping interest rate unchanged at 0.75%.
During the last meeting, the RBA hinted at a pause in interest rate cut. Also, Westpac expects the next rate cut for RBA to be in February 2020. Look into the interest rate statement for any mentioning of quantitative easing from the RBA.
Currently, AUD/USD is moving towards the resistance level of 0.67900 and the next support level is at 0.66800.
Stay out of AUD/USD for now.