Based on past Japan GDP Growth Rate QoQ Prel news events there is a 75% chance of RTY trending downwards. We expect this to happen if the released value is > 4.4%. A price movement of 1,525 pips is expected.
Historical events that allowed us to draw this conclusion
08 Aug 23:50 |
19 May 23:50 |
09 Aug 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
