AUD/JPY is approaching its resistance at 78.69 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 77.62 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
AUD/JPY is approaching its resistance where we expect to see a reversal.
Sell below 78.69. Stop loss 79.39. Take profit at 77.62.
