Based on past Japan Unemployment Rate news events there is a 71.43% chance of USDJPY trending downwards. We expect this to happen if the released value is < 2.8%. A price movement of 52 pips is expected. Historical events that allowed us to draw this conclusion
31 Jan 23:30 |
29 Nov 23:30 |
30 Sep 23:30 |
30 Aug 23:30 |
29 Apr 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
