We still see AUDUSD moving lower despite prices moving above resistance at 0.684 on the back of the possibility that the US delay tariffs on China due to kick in on the 15th of December. However, we still see the currency pair moving lower ahead of the FOMCs meeting tonight indications from the last meeting were that there would be no further rate cuts. Additionally we would want to see AUDUSD consolidate above 0.7 to continue it's upward momentum and determine the end of the recent downtrend.