197 pip movement on USDJPY expected

We expect a $1422 movement on USDJPY within the next 12 hours. We expect USDJPY to trend downwards 12 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = -0.1%. A price movement of 197 pips is expected.

Historical events that allowed us to draw this conclusion

17 Jun 13:00
28 Apr 13:00
18 Mar 14:00
22 Sep 13:00
16 Jul 13:00
18 Jun 13:00
27 Apr 13:00
21 Jan 14:00
18 Dec 14:45

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