Japan Consumer Confidence News Event – a $130 opportunity on NZDUSD

We expect a $130 movement on NZDUSD within 2 hours following the release of Consumer Confidence at 02 Oct 05:00. We expect NZDUSD to trend downwards 2 hours following the event release at 02 Oct 05:00 if the released value is > 32. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

31 Aug 05:00
31 Oct 05:00