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On Event

NZDUSD may trend upwards right now

Based on past Japan Balance of Trade news events there is a 71.43% chance of NZDUSD trending upwards. We expect this to happen because the released value is > ¥-735.7B. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

19 Jul 23:50
17 May 23:50
19 Apr 23:50
15 Mar 23:50
15 Feb 23:50