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There is a 66.67% chance of NZDUSD trending upwards

Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of NZDUSD trending upwards. We expect this to happen if the released value is > 0.7%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

18 Oct 23:30
23 Aug 23:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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