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AUDJPY approaching resistance, potential drop!

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Dollaro australiano / Yen giapponese (FX:AUDJPY)  
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FX:AUDJPY   Dollaro australiano / Yen giapponese
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy audjpylong audjpyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern audjpy aud jpy audjpylong audjpyshort forex forextrading forexsignals
AUDJPY is approaching our first resistance at 78.89 (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 74.74 (50% fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price.
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