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What’s going on with USD/JPY?

Those of you that are trend followers are probably eagerly watching USD/JPY to see if its latest 1.86% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 22 days move.

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After experiencing a 8.64% bearish move in the space of 23 days, nobody knows where E-mini S&P 500 MARCH 2022 is headed.

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