Japan Consumer Confidence News Event – a $140 opportunity on NZDUSD

We expect a $140 movement on NZDUSD within 2 hours following the release of Consumer Confidence at 31 Jan 05:00. We expect NZDUSD to trend upwards 2 hours following the event release at 31 Jan 05:00 if the released value is > 39.5. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

29 Oct 05:00
02 Aug 05:00
30 Jun 05:00
08 Apr 05:00
04 Mar 05:00