Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we could see a $350 movement on USDJPY within the next 2 hours. USDJPY could trend upwards for the next 2 hours because the released value is > 62
Historical events that allowed us to draw this conclusion
11 Aug 14:00 |
16 Jun 14:00 |
14 Apr 14:00 |
10 Feb 15:00 |
13 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
