We expect CL to trend upwards later today. Based on these past Japan Consumer Confidence news events there is a 80% chance of this. We expect this to happen if the released value is < 39.5. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion

05 Jan 05:00

02 Dec 05:00

30 Apr 05:00

29 Jan 05:00