If the released value is < -1.1% for the Industrial Production YoY event, we could see a $380 movement on NZDUSD within 4 hours following the release at 15 Jun 19:00. This movement may form an upwards trend for 4 hours following the event release at 15 Jun 19:00. Historical events that allowed us to draw this conclusion

15 Mar 21:00	12 Jan 21:00
14 Jul 19:00

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