If the released value is > 0.3% for the GDP Growth Rate QoQ event, we could see a $218.68 movement on USDJPY within 4 hours following the release at 31 May 07:00. This movement may form an upwards trend for 4 hours following the event release at 31 May 07:00.
Historical events that allowed us to draw this conclusion
26 Feb 08:00 |
01 Dec 06:45 |
27 Aug 05:45 |
03 Mar 06:45 |
05 Sep 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
