Based on the last 12 Consumer Confidence events in Japan, we expect a 33 pip movement on EURUSD within 2 hours following the event release at 08 Apr 05:00 UTC. We expect EURUSD to trend upwards 2 hours following the event release at 08 Apr 05:00 UTC if the released value is > 36

Historical events that allowed us to draw this conclusion

04 Mar 05:00

02 Oct 05:00

31 Aug 05:00

31 Jul 05:00