71.43% probability that USDJPY may trend downwards

Based on the last 12 ISM Manufacturing PMI events in United States, USDJPY may trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 54.5

Historical events that allowed us to draw this conclusion

02 Feb 02:00
02 Nov 01:00
02 Oct 00:00
02 Sep 00:00
02 Jun 00:00

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