Based on the last 12 Retail Sales MoM events in Australia, we expect a $28.26 movement on USDJPY within 4 hours following the event release at 03 Sep 01:30. We expect USDJPY to trend downwards 4 hours following the event release at 03 Sep 01:30 if the released value is > 0.2%
Historical events that allowed us to draw this conclusion
07 May 01:30 |
11 Jan 00:30 |
06 Dec 00:30 |
05 Oct 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
