We expect USDJPY to trend downwards today with a 75% chance.

Based on the last 12 Retail Sales MoM events in United States, we expect USDJPY to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 1%

Historical events that allowed us to draw this conclusion

16 Jul 12:30

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

leave a reply