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We expect a $90 movement on NZDUSD within 4 hours following the event release at 10 Jul 08:30.

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $90 movement on NZDUSD within 4 hours following the event release at 10 Jul 08:30. We expect NZDUSD to trend upwards 4 hours following the event release at 10 Jul 08:30 if the released value is > £-2.6B

Historical events that allowed us to draw this conclusion

09 Nov 09:30
10 Sep 08:30
10 Aug 08:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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