Based on the last 12 Inflation Rate YoY events in Japan, NZDUSD could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 4 hours because the released value is < 3%. Historical events that allowed us to draw this conclusion
19 Oct 23:30 |
20 Jul 23:30 |
22 Jun 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
