We expect USDCHF to trend upwards for the next 48 hours. Based on these past Japan Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen because the released value is < 0.1%. A price movement of 167 pips is expected. Historical events that allowed us to draw this conclusion

22 May 09:30	19 Mar 10:30
22 Nov 10:30

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