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We expect ZR to trend downwards today with a 87.5% chance.

Based on the last 12 Consumer Confidence events in Japan, we expect ZR to trend downwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is < 40.8 Historical events that allowed us to draw this conclusion

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

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