Based on the last 12 Durable Goods Orders MoM events in United States, USDJPY could experience an upwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 12 hours because the released value is < 0.6%. Historical events that allowed us to draw this conclusion
24 Mar 12:30 |
27 Jan 13:30 |
24 Nov 13:30 |
24 Jun 12:30 |
27 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
