We expect a $140 movement on NZDUSD within the next 4 hours.

We expect a $140 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend upwards 4 hours following the Balance of Trade events in Japan release because the released value is < ¥-2398.2B. A price movement of 14 pips is expected. Historical events that allowed us to draw this conclusion

16 Aug 23:50

15 Jun 23:50

19 Apr 23:50

15 Mar 23:50

16 Feb 23:50

19 Oct 23:50

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