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We expect a $8653 movement on KC within 48 hours following the event release at 2025-04-16 23:50.

Based on the last 12 Balance of Trade events in Japan, we expect a 463 pip movement on KC within 48 hours following the event release at 2025-04-16 23:50. We expect KC to trend upwards 48 hours following the event release at 2025-04-16 23:50 if the released value is < ¥485.3B Historical events that allowed us to draw this conclusion

18 Mar 23:50
19 Nov 23:50
20 Aug 23:50
21 May 23:50

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

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