Based on the last 12 Inflation Rate YoY events in Japan, we expect USDCHF to trend upwards right now. Based on these past events there is a 80% chance of this. We expect USDCHF to trend upwards for the next 2 hours because the released value is < -1%. A price movement of 53 pips is expected. Historical events that allowed us to draw this conclusion

18 Dec 10:30	23 Oct 10:30
22 May 09:30	19 Mar 10:30

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