SPX rallied strongly last week and test the key , and exactly what I expect SPX cann't move further and seem bounce from this level.
Lack of US data, stock difficultly finds dynamic to rally more, so a bounce is reasonable.
In USDJPY chart, the intersection of three and 120 created a strong point where USDJPY must bounce from this level.
And that is the place I want to SELL USDJPY .
Target I choose is 118.20
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