Based on the last 12 Balance of Trade events in Japan, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 16 Jun 23:50 if the released value is > ¥-970.8B. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

18 Feb 23:50

17 Dec 23:50

17 Sep 23:50

18 Jun 23:50