296 pip movement on NZDUSD expected

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 296 pip movement on NZDUSD for the next 12 hours. We expect NZDUSD to trend upwards for 12 hours because the released value is = 0.1%

Historical events that allowed us to draw this conclusion

02 Mar 14:30
01 Dec 14:30
03 Nov 14:30
01 Sep 14:30
07 Jul 14:30
02 Jun 14:30
05 May 14:30
19 Mar 14:30

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