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We expect BO to trend upwards for the next 48 hours.

We expect a $252 movement on BO within the next 48 hours. We expect BO to trend upwards 48 hours following the Inflation Rate YoY events in Japan release because the released value is > 2.2%. A price movement of 381 pips is expected.

Historical events that allowed us to draw this conclusion

23 Jun 23:30
19 May 23:30
21 Apr 23:30
23 Dec 23:30
21 Oct 23:30

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

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