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There is a 66.67% chance of 6S trending upwards

Based on past Japan BoJ Interest Rate Decision news events there is a 66.67% chance of 6S trending upwards. We expect this to happen if the released value is = -0.1%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jul 03:00
19 Mar 03:00
21 Jan 03:00
18 Dec 03:45
29 Oct 03:00
15 Jul 03:00
22 May 03:00
27 Apr 04:00

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

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