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USDJPY may be ready to trend downwards today with a 75% chance.

Based on the last 12 Unemployment Rate events in Japan, USDJPY may trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 2.5% Historical events that allowed us to draw this conclusion

25 Apr 23:30
28 Mar 23:30
31 Jan 23:30
29 Nov 23:30
30 Sep 23:30
30 Aug 23:30

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

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