Based on the last 12 Inflation Rate YoY events in Japan, we expect a $70 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards for the next 2 hours because the released value is < 0.3% Historical events that allowed us to draw this conclusion
17 Oct 23:30 |
19 Sep 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).