USDJPY could trend upwards later today. Based on these past United States Durable Goods Orders MoM news events there is a 85.71% chance of this. This could happen only if the released value is < 1%. The price movement may be as big as 66 pips. Historical events that allowed us to draw this conclusion
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26 Apr 22:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).