What to trade around New Zealand Interest Rate Decision news event

Past performance is not an indicator of future results.
Based on the last 12 Interest Rate Decision events in New Zealand, we expect USDJPY to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend upwards for the next 4 hours because the released value is = 1.75%. A price movement of 10 pips is expected.

Historical events that allowed us to draw this conclusion

13 Feb 01:00
07 Nov 20:00
26 Sep 22:00
09 May 22:00
21 Mar 20:00
08 Nov 20:00
27 Sep 21:00
09 Aug 22:00

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

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