Based on the last 12 BoJ Interest Rate Decision events in JP, we expect a $80 movement on NZDUSD within the next 4 hours.
We expect NZDUSD to trend down for the next 4 hours because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
31 Jul 04:00 |
15 Jun 03:00 |
27 Apr 03:00 |
23 Jan 03:00 |
21 Dec 03:00 |
21 Sep 03:00 |
20 Jul 03:00 |
16 Jun 03:00 |
27 Apr 04:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
