Based on the last 12 Non Farm Payrolls events in United States, we could see a 108 pip movement on USDJPY for the next 2 hours. USDJPY could trend upwards for 2 hours because the released value is > 160K
Historical events that allowed us to draw this conclusion
04 Oct 12:30 |
05 Jul 12:30 |
07 Jun 12:30 |
05 Apr 12:30 |
08 Mar 13:30 |
02 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
