Based on the last 12 Inflation Rate YoY events in Japan, NZDUSD could experience an downwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 48 hours because 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”).