Based on the last 12 Inflation Rate YoY events in Japan, we could see a $1380 movement on EURUSD within the next 48 hours. EURUSD could trend upwards for the next 48 hours because the released value is < 2.8% Historical events that allowed us to draw this conclusion
21 Aug 23:30 |
19 Jun 23:30 |
22 May 23:30 |
17 Apr 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
