Based on the last 12 Unemployment Rate events in Euro Area, we expect USDJPY to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 8.3%

Historical events that allowed us to draw this conclusion

02 Dec 21:00	01 Oct 19:00
03 Mar 21:00

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