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USDJPY may be ready to trend upwards today with a 75% chance.

Based on the last 12 Continuing Jobless Claims events in United States, USDJPY may trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 1380K Historical events that allowed us to draw this conclusion

05 May 12:30
21 Apr 12:30
14 Apr 12:30
24 Mar 12:30
17 Mar 12:30
24 Feb 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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A final push possible on Chevron as it starts approaching a price line of 171.52.

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