Based on the last 12 Inflation Rate YoY events in Japan, we could see a $510 movement on EURUSD within the next 48 hours. EURUSD could trend downwards for the next 48 hours because the released value is < 3.7% Historical events that allowed us to draw this conclusion
20 Mar 23:30 |
17 Oct 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
