We expect NZDUSD to trend upwards later today. Based on these past Japan Balance of Trade news events there is a 83.33% chance of this. We expect this to happen if the released value is < ¥-47.7B. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
20 Jul 23:50 |
15 Jun 23:50 |
20 Jan 23:50 |
15 Dec 23:50 |
18 Oct 23:50 |