Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect a 43 pip movement on NZDUSD within 48 hours following the event release at 01 Apr 10:50 GMT+11. We expect NZDUSD to trend downwards 48 hours following the event release at 01 Apr 10:50 GMT+11 if the released value is > 0

Historical events that allowed us to draw this conclusion

14 Dec 10:50	01 Apr 10:50
14 Dec 10:50

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