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We expect a $97.68 movement on USDJPY within the next 4 hours.

Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $97.68 movement on USDJPY within the next 4 hours. We expect USDJPY to trend downwards for 4 hours because the released value is < 58.4 Historical events that allowed us to draw this conclusion

03 Mar 15:00
06 Jul 14:00
05 May 14:00

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

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