Based on the last 12 Inflation Rate YoY events in Japan, we expect EURUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > 3.7%
Historical events that allowed us to draw this conclusion
23 Jan 23:30 |
19 Dec 23:30 |
21 Nov 23:30 |
20 Jun 23:30 |
26 Feb 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
