Continuation from yesterday downward move

2016년 4월 29일

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 support level . In addition, a short entry also aligns with yesterday sharp downward move.

2016년 4월 29일

노트

Price has been rejecting 107 for several hours, hence i made the call to take profit at about 45 pips.