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

Based on the last 12 Inflation Rate YoY events in Japan, OJ 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 > 2.3%

Historical events that allowed us to draw this conclusion

19 May 23:30
21 Apr 23:30
17 Mar 23:30
23 Dec 23:30
19 Jul 23:30
17 Jun 23:30

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

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