Based on past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of USDJPY trending upwards. We expect this to happen if the released value is < 62. A price movement of 61 pips is expected. Historical events that allowed us to draw this conclusion
11 Apr 14:00 |
14 Mar 14:00 |
07 Feb 15:00 |
11 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
