Based on the last 12 Inflation Rate YoY events in Japan, we expect EURUSD to trend upwards for the next 48 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 0.7%
Historical events that allowed us to draw this conclusion
20 Jan 23:30 |
23 Dec 23:30 |
17 Jun 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
