Based on the last 12 Inflation Rate YoY events in Japan, we expect RU to trend downwards. Based on these past events there is a 75% chance of this. We expect RU to trend downwards for 12 hours because the released value is < 0.8%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
