Based on past Japan Inflation Rate YoY news events there is a 71.43% chance of AUDUSD trending upwards. We expect this to happen if the released value is > 2.2%. A price movement of 55 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jun 09:30	20 May 09:30
18 Mar 10:30	24 Dec 10:30
22 Oct 10:30

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