11 pip movement on USDCHF expected

Based on the last 12 Inflation Rate YoY events in Japan, we expect a 11 pip movement on USDCHF within 2 hours following the event release at 18 Mar 23:30 UTC. We expect USDCHF to trend upwards 2 hours following the event release at 18 Mar 23:30 UTC if the released value is < 0.8% Historical events that allowed us to draw this conclusion

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