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We expect ZO to trend upwards today with a 75% chance.

Based on the last 12 Unemployment Rate events in Japan, we expect ZO to trend upwards later today. Based on these past events there is a 75% chance of this. We expect ZO to trend upwards 48 hours following the event release at 26 Dec 23:30 if the released value is < 2.4%. A price movement of 1,300 pips is expected. Historical events that allowed us to draw this conclusion

30 Sep 23:30
29 Aug 23:30
29 Jul 23:30
28 Mar 23:30

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

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