S could trend upwards later today. Based on these past Japan Unemployment Rate news events there is a 75% chance of this. This could happen only if the released value is > 2.7%. The price movement may be as big as 8,737 pips.
Historical events that allowed us to draw this conclusion
03 Mar 23:30 |
28 Jun 23:30 |
27 May 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
