Based on the last 12 Consumer Confidence events in Japan, NZDUSD could experience an upwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 2 hours because the released value is > 33.5.
Historical events that allowed us to draw this conclusion
01 Jul 05:00 |
29 May 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
