Based on the last 12 Retail Sales MoM events in United States, we expect USDJPY to trend upwards for the next 12 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < 0.8% Historical events that allowed us to draw this conclusion

17 Aug 22:30	14 May 22:30
16 Mar 23:30	16 Jan 00:30

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