On a weekly basis, USD/JPY probes into resistance on a lead-in phase in the 118 handle. The Yen carry trade has been an influential source of liquidity for SPX, and we believe its about to unwind.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.