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USDJPY: Fading opportunities plentiful

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY priced well for fading opportunities from here following a knee jerk reaction to US/Iran de escalations.

- Subdued VIX vol may see a large risk on event scenario as we enter equities earning season.
- Response to US/Iran sanctions may see capital flow into JPY
- +5.00% move on the ticket on a technical break and conviction through the 200DMA.

VIX Analysis Update
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