We expect a $70 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Balance of Trade events in Japan release because the released value is > ¥-1405B. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

18 May 23:50

19 Jan 23:50

17 Aug 23:50