Based on the last 12 RBA Interest Rate Decision events in Australia, we expect USDJPY to trend upwards. Based on these past events there is a 75% chance of this. We expect USDJPY to trend upwards for 4 hours because the released value is = 0.1%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 14:30	05 Oct 14:30
07 Sep 14:30	03 Aug 14:30
01 Jun 14:30	04 May 14:30
06 Apr 14:30	02 Mar 14:30
02 Feb 14:30

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