Canada Ivey PMI s.a News Event – a $112.19 opportunity on USDJPY

We expect a $112.19 movement on USDJPY within 2 hours following the release of Ivey PMI s.a at 07 Jan 15:00. We expect USDJPY to trend downwards 2 hours following the event release at 07 Jan 15:00 if the released value is > 61. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 15:00
08 Sep 14:00
07 Jul 14:00
07 Apr 14:00
05 Mar 15:00
05 Feb 15:00