Based on the last 12 Consumer Confidence events in Japan, we could see a $270 movement on USDJPY within the next 2 hours. We may see USDJPY trend downwards for 2 hours because the released value is < 36.6 Historical events that allowed us to draw this conclusion
08 Jan 05:00 |
30 Oct 05:00 |
29 Aug 05:00 |
01 Jul 05:00 |
29 May 05:00 |
02 May 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
