71.43% probability that NZDUSD may trend downwards

Based on the last 12 Inflation Rate YoY events in Japan, NZDUSD may trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 1.5%

Historical events that allowed us to draw this conclusion

22 Apr 09:30
18 Mar 10:30
21 Jan 10:30
24 Dec 10:30
18 Jun 09:30

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