Japan BoJ Interest Rate Decision News Event – a $272.4 opportunity on USDJPY

We expect a $272.4 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards 2 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = -0.1%. A price movement of 30 pips is expected.

Historical events that allowed us to draw this conclusion

27 Apr 03:00
19 Mar 03:00
21 Jan 03:00
29 Oct 03:00
15 Jul 03:00
22 May 03:00
27 Apr 04:00
16 Mar 05:00