We expect EURUSD to trend upwards right now.

Based on the last 12 Inflation Rate YoY events in Japan, we expect EURUSD to trend upwards right now. Based on these past events there is a 85.71% chance of this. This will happen because the released value is = 0.7%

Historical events that allowed us to draw this conclusion

20 Jun 23:30

23 May 23:30

18 Apr 23:30

21 Feb 23:30

17 Jan 23:30

21 Nov 23:30

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