We expect a $330 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards 12 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = 0.5%. A price movement of 33 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jun 03:00 |
01 May 03:00 |
19 Mar 03:00 |
31 Oct 03:00 |
20 Sep 03:00 |
14 Jun 03:25 |
26 Apr 03:00 |
19 Mar 03:00 |
23 Jan 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
