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AUDJPY approaching resistance, potential drop!

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
easyMarkets Broker  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy audjpylong audjpyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern audjpy aud jpy audjpylong audjpyshort forex forextrading forexsignals
AUDJPY is approaching our first resistance at 78.94 (horizontal pullback resistance, 23.6% fibonacci retracement, 61.8%, 100% fibonacci extension, Elliot wave structure) and a strong drop might occur below this level pushing price down to our major support at 75.81 (100% fibonacci extension, elliot wave structure).
RSI (55) is seeing a bearish exit and might see a corresoding dro in price.
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