Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of RTY trending upwards. We expect this to happen if the released value is > -0.3%. A price movement of 9,080 pips is expected.
Historical events that allowed us to draw this conclusion
19 Jul 23:30 |
18 Feb 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
