We expect a $465 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards 2 hours following the ISM Non-Manufacturing PMI events in United States release because the released value is < 54.3. A price movement of 63 pips is expected. Historical events that allowed us to draw this conclusion

04 Jun 00:00	06 Apr 00:00
04 Mar 02:00	07 Jan 02:00

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