Japan Balance of Trade News Event – a $170 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $170 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the Balance of Trade events in Japan release because the released value is < ¥-1011B. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

22 Jan 23:50
18 Dec 23:50
18 Nov 23:50
16 Aug 00:50

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

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