We expect a $907 movement on USDJPY within the next 48 hours. We expect USDJPY to trend upwards 48 hours following the Unemployment Rate events in Australia release because the released value is > 3.4%. A price movement of 120 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jun 11:30	14 Apr 11:30
11 Nov 11:30

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