Japan Inflation Rate YoY News Event – a possible $54.43 movement on USDCHF

Based on the last 12 Inflation Rate YoY events in Japan, we expect a $54.43 movement on USDCHF within 2 hours following the event release at 19 Aug 23:30. We expect USDCHF to trend upwards 2 hours following the event release at 19 Aug 23:30 if the released value is > -0.1%

Historical events that allowed us to draw this conclusion

17 Jun 23:30
18 Feb 23:30
17 Sep 23:30
20 Aug 23:30