Australia RBA Interest Rate Decision News Event – a possible $158.58 movement on USDJPY

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $158.58 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards for 4 hours because the released value is = 0.1%

Historical events that allowed us to draw this conclusion

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”).