USDJPY may trend upwards from 03 May 19:00

USDJPY could trend upwards later today. Based on these past Euro Area Unemployment Rate news events there is a 66.67% chance of this. This could happen only if the released value is < 6.7%. The price movement may be as big as 41 pips. Historical events that allowed us to draw this conclusion

01 Feb 21:00
30 Jul 19:00
01 Jul 19:00
30 Apr 19:00

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