Based on the last 12 Inflation Rate YoY events in Japan, we expect NZDUSD to trend downwards right now. Based on these past events there is a 75% chance of this. This may happen because the released value is > 0%

Historical events that allowed us to draw this conclusion

18 Jun 09:30	19 Feb 10:30
21 Aug 09:30

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