We expect NZDUSD to trend upwards for the next 2 hours. Based on these past Japan Balance of Trade news events there is a 66.67% chance of this. We expect this to happen because the released value is > ¥-1925.9B. A price movement of 25 pips is expected.
Historical events that allowed us to draw this conclusion
23 Jan 23:50 |
19 Jul 23:50 |
17 May 23:50 |
19 Apr 23:50 |
15 Mar 23:50 |
15 Feb 23:50 |
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