80% probability that USDJPY will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 Retail Sales MoM events in Australia, we expect USDJPY to trend downwards for the next 4 hours. Based on these past events there is a 80% chance of this. This will happen because the released value is < 0.3%

Historical events that allowed us to draw this conclusion

05 Feb 00:30

02 Nov 00:30

03 Sep 02:30

06 Mar 00:30

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

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