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There is a 85.71% chance of HE trending upwards

Based on past Japan Inflation Rate YoY news events there is a 85.71% chance of HE trending upwards. We expect this to happen if the released value is < -0.1%. A price movement of 318 pips is expected. Historical events that allowed us to draw this conclusion

19 Aug 23:30
20 May 23:30
22 Apr 23:30
21 Jan 23:30
17 Dec 23:30
19 Nov 23:30
22 Oct 23:30

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

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