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”).