Consumer Confidence

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We expect a $268 movement on USDJPY within the next 4 hours. We expect USDJPY to trend downwards 4 hours following the Consumer Confidence events in Switzerland release because the released value is < -22. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion

02 May 07:00
02 May 07:00
01 Feb 08:00
04 Nov 08:00
05 Nov 06:45

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