80% probability that EURUSD may trend upwards right now

Based on the last 12 Consumer Confidence events in Japan, we expect EURUSD to trend upwards for the next 4 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < 36 Historical events that allowed us to draw this conclusion

31 Jan 16:00
05 Jan 16:00
02 Dec 16:00
31 Aug 15:00

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