FX.co ★ AUD/JPY bearish move in progress

We remain bearish below major resistance at 81.91 (Fibonacci retracement, Fibonacci projection, horizontal resistance) for a further drop to 80.27 (Fibonacci retracement, horizontal overlap support, recent swing low support) as the first big level to play to.

RSI (21) is seeing major resistance from 72%.

Sell below 81.91. Stop loss at 82.65. Take profit at 80.27.