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AUDJPY approaching major resistance, remain bearish

Short
Dollaro australiano / Yen giapponese (FX:AUDJPY)  
MEX_Exchange  
FX:AUDJPY   Dollaro australiano / Yen giapponese
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy audjpyshort audjpylong audjpysell audjpydaily Forex forexsignals
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trendanalysis harmonicpatterns chartpattern audjpy aud jpy audjpyshort audjpylong audjpysell audjpydaily forex forexsignals
Sell below 86.67. Stop loss at 87.34. Take profit at 84.69.
Reason for the trading strategy (technically):
Price continues to rise towards our major resistance area. We look to sell below 86.67 resistance (Fibonacci extension, Fibonacci retracement, horizontal pullback resistance) for a push down to at least 84.69 support (Fibonacci retracement, horizontal swing low support).
Stochastic (55,3,1) is seeing major resistance below 98% and we expect a corresponding reaction off this level.

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