We expect a $372 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards 2 hours following the Inflation Rate YoY events in United Kingdom release because the released value is < 8.2%. A price movement of 50 pips is expected. Historical events that allowed us to draw this conclusion
14 Dec 07:00 |
14 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
