Based on the last 12 Unemployment Rate events in Japan, we expect a $51.96 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards for 4 hours because the released value is > 2.7%
Historical events that allowed us to draw this conclusion
27 Dec 23:30 |
27 May 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
