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We expect HE to trend upwards right now.

Based on the last 12 Unemployment Rate events in Japan, we expect HE to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect HE to trend upwards for the next 48 hours because the released value is = 2.4%. A price movement of 423 pips is expected.

Historical events that allowed us to draw this conclusion

28 Nov 23:30
27 Jun 23:30
30 May 23:30

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

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