Based on the last 12 Inflation Rate YoY events in Canada, NZDUSD may trend upwards for the next 4 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 6.1%

Historical events that allowed us to draw this conclusion

16 Mar 23:30	17 Feb 00:30
20 Oct 23:30	15 Sep 22:30
19 May 22:30

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