AUDJPY Approaching Resistance, Potential Drop!

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.