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The Dollar/Yen currency cross has basically traded in lockstep with equities since the mid-October lows, with both stocks and the Dollar/Yen screaming higher.
However, on the 30-minute chart of the Dollar/Yen cross, below, you can see overnight weakness with the potential for further selling if the highlighted bear flag consolidation pattern breaks lower.
Let's see if this spills over into a weak cash session for equities.
Elsewhere, I am looking at UGAZ as a long to play natural gas if Friday's upside reversal follow-through higher early this week.
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