23 pip movement on NZDUSD expected

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a 23 pip movement on NZDUSD within 4 hours following the event release at 30 Aug 17:00 GMT+10. We expect NZDUSD to trend upwards 4 hours following the event release at 30 Aug 17:00 GMT+10 if the released value is < 125 Historical events that allowed us to draw this conclusion

30 Jul 17:00
29 Jan 19:00
30 Oct 19:00

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