Based on past Australia Westpac Consumer Confidence Index news events there is a 75% chance of USDJPY trending downwards. A price movement of 16 could occur if the released value is > 94.7.

Historical events that allowed us to draw this conclusion

15 Sep 10:30	14 Jul 10:30
14 Apr 10:30

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