Based on the last 12 BoJ Interest Rate Decision events in Japan, we could see EURUSD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is = 0.1%
Historical events that allowed us to draw this conclusion
19 Mar 03:00 |
19 Dec 03:00 |
31 Oct 03:00 |
28 Jul 03:00 |
28 Apr 04:00 |
18 Jan 03:00 |
20 Dec 03:00 |
28 Oct 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
