Based on the last 12 Balance of Trade events in Japan, we expect a $120 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards for 2 hours because the released value is > ¥-600B

Historical events that allowed us to draw this conclusion

17 Nov 23:50

18 Aug 23:50

16 Jun 23:50

18 Feb 23:50