Based on the last 12 KOF Leading Indicators events in Switzerland, we expect NZDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 28 Jan 19:00 if the released value is < 106.3. A price movement of 23 pips is expected. Historical events that allowed us to draw this conclusion

30 Nov 19:00	30 Aug 17:00
30 Jul 17:00	29 Jan 19:00

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