Based on the last 12 Consumer Confidence events in Japan, we expect a $480 movement on NZDUSD within 12 hours following the event release at 03 Mar 16:00. We expect NZDUSD to trend upwards 12 hours following the event release at 03 Mar 16:00 if the released value is > 36

Historical events that allowed us to draw this conclusion

01 Oct 15:00	02 Aug 15:00
31 May 15:00	08 Apr 15:00
04 Mar 16:00

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