Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a 50 pip movement on NZDUSD for the next 12 hours. We expect NZDUSD to trend upwards for 12 hours because the released value is = 0%

Historical events that allowed us to draw this conclusion

10 Mar 23:45	03 Feb 23:45
28 Oct 22:45	22 Jul 21:45
10 Jun 21:45	21 Jan 23:45
10 Dec 23:45	29 Oct 23:45

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