EURUSD may trend downwards from 20 Jan 23:50

We expect EURUSD to trend downwards later today. Based on these past Japan Balance of Trade news events there is a 83.33% chance of this. We expect this to happen if the released value is < ¥942.8B. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion

15 Dec 23:50
19 Jul 23:50
20 May 23:50
19 Apr 23:50
22 Jan 23:50