What to trade around Japan Inflation Rate YoY news event

La performance passata non è un indicatore delle performance future.
Based on the last 12 Inflation Rate YoY events in Japan, we expect EURUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend downwards for the next 4 hours because the released value is = 0.3%. A price movement of 6 pips is expected.

Historical events that allowed us to draw this conclusion

20 Dec 23:30
20 Apr 00:30

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

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