75% probability that USDJPY may trend upwards right now
We expect USDJPY to trend upwards for the next 2 hours. Based on these past Japan Balance of Trade news events there is a 75% chance of this. We expect this to happen because the released value is < ¥-2398.2B. A price movement of 45 pips is expected.Historical events that allowed us to draw this conclusion15 Jun 23:5019 Apr 23:5015…