19 pip movement on NZDUSD expected

Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of NZDUSD trending downwards. We expect this to happen if the released value is < 3.9%. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion

21 Oct 10:30
22 Jul 09:30

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