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We expect BZ to trend upwards today with a 83.33% chance.

We expect BZ to trend upwards later today. Based on these past Japan Inflation Rate YoY news events there is a 83.33% chance of this. We expect this to happen if the released value is = 0.2%. A price movement of 50 pips is expected.

Historical events that allowed us to draw this conclusion

20 Feb 23:30
18 Jul 23:30
20 Jun 23:30
23 May 23:30
18 Apr 23:30

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

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