We expect a $130 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the NAB Business Confidence events in Australia release because the released value is > 1. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

08 Feb 00:30

12 Oct 00:30

14 Sep 01:30

10 May 01:30