Japanese Yen Predicted to Rally vs US Dollar

[B]USDJPY[/B] - The ratio of long to short positions in the USDJPY stands at 2.83 as nearly 74% of traders are long. Yesterday, the ratio was at 3.08 as 75% of open positions were long. In detail, long positions are 4.4% lower than yesterday and 16.8% weaker since last week. Short positions are 3.9% higher than yesterday and 29.9% stronger since last week. Open interest is 2.4% weaker than yesterday and 10.8% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.