AUDJPY has been in a solid uptrend today, gaining over 0.96%, and is currently trading around the 82.735 level. On the 1hr time frame, the RSI indicator is at extremely overbought levels (105) which indicates that this uptrend could start to slow down soon. There was also a failure in passing the 18th of February's high (83.173) which also adds to our short-bias. The target of this trade is located near the 82 regions, with our stop-loss located at 83.5 to mitigate losses.