Based on the last 12 Consumer Confidence events in Japan, we expect a 0 pip movement on RU for the next 48 hours. We expect RU to trend downwards for 48 hours because the released value is > 37
Historical events that allowed us to draw this conclusion
02 Aug 05:00 |
30 Jun 05:00 |
08 Apr 05:00 |
04 Mar 05:00 |
02 Oct 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
