Based on the last 12 Balance of Trade events in Japan, USDCHF could trend upwards later today. Based on these past events there is a 75% chance of this. If the released value is < ¥-100.8B we could see USDCHF trend upwards 2 hours following the event release at 20 Apr 09:50. Historical events that allowed us to draw this conclusion

16 Dec 10:50	20 Oct 10:50
16 Sep 09:50	21 Jul 09:50
16 Jun 09:50	17 Mar 10:50

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