AUDUSD - Short - Continued Downtrend Back Towards 0.67

We expect AUDUSD to continue it's recent downtrend back towards 0.67 due to no concrete trade deal agreed between the US and China despite relatively positive recent negotiations. This is despite poor US retail sales data coming in at -0.3% vs 0.3% forecast so we maintain our short view whilst awaiting AUD employment data tomorrow which could provide an indication of future potential AUD rate cuts.