Japan Inflation Rate YoY News Event – a possible $320 movement on NZDUSD

Past performance is not an indicator of future results.
Based on the last 12 Inflation Rate YoY events in Japan, we expect a $320 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards for 12 hours because the released value is = 0.2%

Historical events that allowed us to draw this conclusion

20 Dec 23:30
21 Nov 23:30
20 Apr 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).