Based on the last 12 Balance of Trade events in Canada, we expect a $200 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend upwards for 4 hours because the released value is > C$-0.61B

Historical events that allowed us to draw this conclusion

06 Dec 00:30	04 Oct 22:30
02 Aug 22:30	03 Jul 22:30
06 Jun 22:30

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