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

We expect ZW to trend upwards later today. Based on these past Japan Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen if the released value is < 0.1%. A price movement of 3,887 pips is expected. Historical events that allowed us to draw this conclusion

21 May 23:30
18 Mar 23:30
21 Nov 23:30
17 Oct 23:30

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

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