Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of NZDUSD trending upwards. We expect this to happen if the released value is > 0.7%. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
18 Oct 23:30 |
23 Aug 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
