Based on the last 12 Inflation Rate YoY events in Japan, EURUSD could trend upwards later today. Based on these past events there is a 71.43% chance of this. If the released value is > 1.5% we could see EURUSD trend upwards 2 hours following the event release at 19 May 23:30.

Historical events that allowed us to draw this conclusion

21 Apr 23:30

17 Mar 23:30

21 Oct 23:30

19 Jul 23:30

17 Jun 23:30