AUDJPY to stall at current swing high.

AUDJPY - Intraday - We look to Sell at 90.00 (stop at 90.75)

Previous support located at 89.00.
Previous resistance located at 89.50.
Broken out of the channel formation to the downside.
A higher correction is expected.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 89.00 will confirm the bearish momentum.

Our profit targets will be 88.00 and 87.00

Resistance: 89.50 / 90.00 / 90.50
Support: 89.00 / 88.00 / 87.00

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