Based on the last 12 Consumer Confidence events in Japan, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 31 May 05:00 if the released value is > 34. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

08 Apr 05:00

04 Mar 05:00

02 Oct 05:00

31 Jul 05:00