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We expect a $287.06 movement on USDJPY within 48 hours following the event release at 31 Oct 23:30.

Historical events that allowed us to draw this conclusion

25 Apr 23:30
28 Feb 23:30
29 Nov 23:30

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

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Resistance line breached by Soybean Meal DECEMBER 2019. This price has been tested at least twice before.

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We expect a 6,950 pip movement on CC within 12 hours following the event release.

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