Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $184 movement on USDJPY within 2 hours following the event release at 24 Mar 23:30. We expect USDJPY to trend downwards 2 hours following the event release at 24 Mar 23:30 if the released value is > 0.8%

Historical events that allowed us to draw this conclusion

26 Feb 00:30	24 Dec 00:30
26 Nov 00:30	27 Oct 23:30
26 Aug 22:30	27 Jul 22:30
25 Jun 22:30	28 May 22:30

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