We expect USDJPY to trend upwards later today. Based on these past Germany Unemployment Rate news events there is a 75% chance of this. We expect this to happen if the released value is = 5.5%. A price movement of 96 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 17:55	31 Aug 17:55
29 Jul 17:55	31 May 17:55
31 Mar 18:55	30 Nov 19:55

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