We expect a $580 movement on NZDUSD within 48 hours following the event release at 05 Dec 00:30.

Based on the last 12 Balance of Trade events in Australia, we expect a $580 movement on NZDUSD within 48 hours following the event release at 05 Dec 00:30. We expect NZDUSD to trend upwards 48 hours following the event release at 05 Dec 00:30 if the released value is < A$6.1BHistorical events that allowed us to draw this conclusion

03 Oct 01:30
05 Sep 01:30
06 Jun 01:30
08 Jan 00:30

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

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