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Pre Event Forecast

Trade with an edge around todays Japan Balance of Trade news event

We expect NZDUSD to trend downwards 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 < ¥ -1800B. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

14 Sep 23:50
16 Aug 23:50
15 Jun 23:50
15 Mar 23:50
15 Dec 23:50
15 Sep 23:50