We expect a $130 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards 12 hours following the Consumer Confidence Flash events in Euro Area release because the released value is < -19.6. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion

24 Jan 02:00	21 Dec 02:00
24 Oct 01:00	23 Aug 00:00
21 Jun 00:00

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