We expect a $210 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Inflation Rate YoY events in Canada release because the released value is > 3.5%. A price movement of 21 pips is expected.

Historical events that allowed us to draw this conclusion

19 May 12:30

17 Feb 13:30

16 Dec 13:30

22 Jul 12:30