We expect a $360 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Industrial Production YoY events in Euro Area release because the released value is > -2.4%. A price movement of 36 pips is expected.

Historical events that allowed us to draw this conclusion

13 Jan 10:00

14 Dec 10:00

12 Jun 09:00

12 Mar 10:00