USDJPY

MINIMUM 0.618 retrace before a pullback to test the 0.500 or trend line support before likely break higher again to the 0.786 Fib which will be a big decision point. Through 108 the Yen carry will be back to fuel a lot of the S&P summer rally and if it's pushing 112 we are talking about 2900+ SPX. No position here.