AUD/JPY is approaching its resistance at 78.24 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 78.59 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is nearing its resistance at 98% where a corresponding reversal is anticipated.
AUD/JPY is approaching its resistance where we expect to see a reversal.
Sell below 79.24. Stop loss at 79.81. Take profit at 78.59.
