Based on the last 12 Non Farm Payrolls events in United States, we could see a $648 movement on USDJPY within the next 4 hours. USDJPY could trend downwards for the next 4 hours because the released value is < 243K Historical events that allowed us to draw this conclusion
03 Nov 12:30 |
04 Aug 12:30 |
07 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
