16 pip movement on AUDUSD expected

Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 16 pip movement on AUDUSD within 2 hours following the event release at 17 Dec 03:00 UTC. We expect AUDUSD to trend downwards 2 hours following the event release at 17 Dec 03:00 UTC if the released value is = -0.1%

Historical events that allowed us to draw this conclusion

22 Sep 03:00
18 Jun 03:00
21 Jan 03:00
18 Dec 03:45
17 Sep 03:00
15 Jul 03:00
16 Jun 02:45
22 May 03:00