38 pip movement on NZDUSD expected

We expect a $380 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the KOF Leading Indicators events in Switzerland release because the released value is < 84.5. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion

30 Aug 17:00
30 Mar 18:00
28 Feb 19:00
30 Nov 19:00

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