36 pip movement on USDJPY expected

Based on the last 12 Balance of Trade events in Australia, we expect USDJPY to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > A$12.65B

Historical events that allowed us to draw this conclusion

12 Jan 11:30
08 Dec 11:30
04 Aug 11:30
07 Jul 11:30
02 Jun 11:30
05 May 11:30

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