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11 pip movement on EURUSD expected

Based on the last 12 Inflation Rate YoY events in Japan, EURUSD could experience an upwards trend. Based on these past events there is a 75% chance of this, and the trend could last 2 hours because the released value is > 3.2%.

Historical events that allowed us to draw this conclusion

17 Aug 23:30
23 Feb 23:30
17 Nov 23:30