AUDJPY approaching resistance, potential drop!

AUDJPY is approaching our is approaching our first resistance at 80.65 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 80.24 (38.2%, 50%, 61.8%% Fibonacci extension). RSI (89) is also facing bearish pressure where a strong drop below this level might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.