AUDUSD – 27.09.2016

The AUD/USD pair is forming another descending impulse. We think, today the price may reach 0.7580 and then be corrected towards 0.7630, thus defining the borders of another consolidation range. If later the market breaks this range downwards, it may continue falling inside the downtrend to reach 0.7400; if upwards – form the double top pattern.