Based on the last 12 Consumer Confidence events in Japan, we expect a $230 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards for 2 hours because the released value is < 31.2 Historical events that allowed us to draw this conclusion

06 Jan 16:00	29 Oct 16:00
01 Jul 15:00	30 Apr 15:00
03 Mar 16:00	29 Jan 16:00

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