Japan Consumer Confidence News Event – a $210 opportunity on NZDUSD

We expect a $210 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards 12 hours following the Consumer Confidence events in Japan release because the released value is < 33. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

03 Mar 16:00
31 Jan 16:00
05 Jan 16:00
02 Dec 16:00
31 Aug 15:00

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