USDJPY Short From Daily Bearish Orderblock, 107.00 Resistance

There is a clear bearish order block located around the 107.20 level. Watch closely how agressively price dropped form that particular order acumulation last week. Also, a retest of the 107.00 level was imminent and issued further weakness. USDJPY has turned bearish since the 9 & 18 EMAS crossed over on the daily time frame. Also, a retracement to the 79% Fibonacci level was a clear confluence of levels. Entry @ 107.20. Stops @ 107.50. First TP @105.85