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AUDJPY Approaching Resistance, Potential Drop!

150
AUDJPY is approaching our first resistance at 80.77 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 79.26 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
RSI (89) is seeing a bearish exit and might see a corresponding drop in price.

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