Based on the last 12 Balance of Trade events in Japan, we could see USDCHF trend upwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is < ¥-2022.6B Historical events that allowed us to draw this conclusion

20 Apr 09:50	16 Dec 10:50
20 Oct 10:50	16 Sep 09:50
21 Jul 09:50	16 Jun 09:50

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