Following the Friday's sell off in Asia

Although I still think that the 3% drop in S&P on Friday was unfair, considering actual drop in job losses, but it is unwise to underestimate its negative consequence on Asian markets.

Whether the 138 $/b can help commodity related stocks and limit such effects is a source of uncertainty.

So, in a very short term, for the next 8 hours, I would go short on USDJPY if I find a technically strong entry point, which may be at least the pivot line.