Based on past Japan BoJ Interest Rate Decision news events there is a 66.67% chance of KC trending downwards. We expect this to happen if the released value is = -0.1%. A price movement of 180 pips is expected.
Historical events that allowed us to draw this conclusion
19 Mar 03:00 |
29 Oct 03:00 |
17 Sep 03:00 |
15 Jul 03:00 |
22 May 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
