71.43% probability that USDJPY will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate YoY 2nd Est events in Euro Area, we expect USDJPY to trend downwards for the next 12 hours. Based on these past events there is a 71.43% chance of this. This will happen because the released value is = 1.2%

Historical events that allowed us to draw this conclusion

14 Nov 10:00
14 Feb 10:00
14 Nov 10:00
16 May 10:00
12 Aug 10:00

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

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