USDJPY: Fading opportunities plentiful

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
https://www.tradingview.com/chart/VIX/UKM777j3-VIX-Subdued-vol-may-see-aggressive-return-to-ceiling/