Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we could see a 70 pip movement on USDJPY for the next 2 hours. USDJPY could trend upwards for 2 hours because the released value is < 76 Historical events that allowed us to draw this conclusion
12 Apr 14:00 |
15 Mar 14:00 |
10 Nov 15:00 |
15 Sep 14:00 |
12 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
