AUDUSD Short - Further Downside Expected

We expect AUDUSD to keep moving lower despite the RBA indicating that they would not introduce QE measures similar to other central banks. This is due to no positive news recently regarding the US/China trade war and the FED indicating that they are not expecting to cut rates in the near future despite downside risks. Therefore we are expecting the currency pair to move towards 0.67 in the coming trading sessions but will monitor the upcoming US CPI and US GDP data releases which could impact the US dollar strength.