Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a 89 pip movement on NZDUSD within 48 hours following the event release at 10 Jun 21:45 GMT+10. We expect NZDUSD to trend upwards 48 hours following the event release at 10 Jun 21:45 GMT+10 if the released value is = 0%

Historical events that allowed us to draw this conclusion

22 Apr 21:45	10 Dec 23:45
29 Oct 23:45	10 Sep 21:45
16 Jul 21:45	04 Jun 21:45
12 Dec 23:45

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