We expect a $112.19 movement on USDJPY within 2 hours following the release of Michigan Consumer Sentiment Prel at 11 Feb 15:00. We expect USDJPY to trend downwards 2 hours following the event release at 11 Feb 15:00 if the released value is > 67.5. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

10 Dec 15:00

12 Mar 15:00