Japan BoJ Interest Rate Decision News Event – a possible $90 movement on NZDUSD

Past performance is not an indicator of future results.
Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $90 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards for 4 hours because the released value is = -0.1%

Historical events that allowed us to draw this conclusion

20 Dec 03:00
31 Jul 05:00
15 Jun 04:00
27 Apr 04:00
23 Jan 03:00
21 Dec 03:00
21 Sep 04:00
20 Jul 04:00

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