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We expect a $320 movement on USDJPY within the next 4 hours.

We expect a $320 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards 4 hours following the Inflation Rate YoY events in Canada release because the released value is = 3.4%. A price movement of 43 pips is expected.

Historical events that allowed us to draw this conclusion

27 Jun 12:30
18 Apr 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Esperamos un movimiento del $320 en el USDJPY durante las próximas 4 horas.

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