Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 60 pip movement on USDJPY for the next 2 hours. We expect USDJPY to trend downwards for 2 hours because the released value is = -0.1%

Historical events that allowed us to draw this conclusion

15 Jul 13:00	22 May 13:00
27 Apr 14:00	16 Mar 16:00
19 Sep 13:00	30 Jul 13:00

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