Based on the last 12 Balance of Trade events in Japan, we could see USDJPY trend downwards right now. Based on historical events there is a 71.43% chance of this. This may happen because the released value is > ¥-735.7B
Historical events that allowed us to draw this conclusion
18 Oct 23:50 |
19 Jul 23:50 |
19 Apr 23:50 |
15 Mar 23:50 |
15 Feb 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
