Want to know why USDJPY may upwards today?

Based on the last 12 Durable Goods Orders MoM events in United States, a $439.04 movement could occur on USDJPY within 4 hours following the event release at 26 Apr 22:30. We expect USDJPY to trend upwards 4 hours following the event release at 26 Apr 22:30 if the released value is < 1% Historical events that allowed us to draw this conclusion

24 Mar 23:30
28 Jan 00:30
24 Jun 22:30
27 May 22:30
26 Apr 22:30

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