Based on the last 12 Inflation Rate YoY events in Japan, we expect AC to trend downwards right now. Based on these past events there is a 75% chance of this. We expect AC to trend downwards for the next 4 hours because the released value is = 0.1%. A price movement of 8 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”).
