FX:USDJPY U.S. Dollar/Japanese Yen
Shorting USDJPY as it breaks major support 107.70.As we are aware, price movement for JPY pairs have been much bigger than usual. There is some downward momentum going on at that . In addition, a short entry also aligns with yesterday sharp downward move.
Comment: Price has been rejecting 107 for several hours, hence i made the call to take profit at about 45 pips.