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Pre Event Forecast

14 pip movement on NZDUSD expected

We expect a $140 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Inflation Rate YoY events in Japan release because the released value is > 3.2%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

19 Sep 23:30
18 Aug 23:30
21 Apr 23:30
20 Jan 23:30
23 Dec 23:30
21 Oct 23:30