AUDJPY approaching resistance, potential drop!

AUDJPY is approaching our first resistance at 78.71 (Horizontal pullback resistance, 61.8%, 100% fibonacci extension, 23.6% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 75.81 (100% fibonacci extension, Elliot wave structure).
RSI (55) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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