Something big is happening FX… very big. I just don't know what it means yet…
Dollar JPY is testing the neck line of an enormous 20 yr inverse H&S… pic.twitter.com/yIkhIV7QOL
— Raoul Pal (@RaoulGMI) March 28, 2022
This is a structural shift of some enormity. If these break then two of the largest pools of capital in the world might end up back in the US bond market or equity market or even crypto or gold.
Pay attention but remember – v long term trends take a LONG time to play out.
— Raoul Pal (@RaoulGMI) March 28, 2022
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