Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect a $660 movement on EURUSD within 48 hours following the event release at 14 Dec 10:50. We expect EURUSD to trend downwards 48 hours following the event release at 14 Dec 10:50 if the released value is < -15 Historical events that allowed us to draw this conclusion

01 Oct 09:50	13 Dec 10:50
01 Jul 09:50	01 Apr 10:50
01 Oct 09:50	02 Jul 09:50
02 Apr 09:50

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