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We expect LE to trend upwards with a 66.67% chance.

We expect LE to trend upwards for the next 12 hours. Based on these past Japan Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen because the released value is = 3.3%. A price movement of 170 pips is expected.

Historical events that allowed us to draw this conclusion

19 Sep 23:30
18 Jul 23:30

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

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We expect AUDUSD to trend downwards right now.

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