We expect KC to trend upwards later today. Based on these past Japan Unemployment Rate news events there is a 75% chance of this. We expect this to happen if the released value is = 3.1%. A price movement of 614 pips is expected.
Historical events that allowed us to draw this conclusion
01 Oct 23:30 |
27 Apr 23:30 |
30 Mar 23:30 |
28 Nov 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
