Based on the last 12 Inflation Rate YoY events in Japan, we expect a $280 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards for 12 hours because the released value is < -0.1% Historical events that allowed us to draw this conclusion

20 Aug 09:30	21 May 09:30
23 Apr 09:30	20 Nov 10:30
23 Oct 10:30

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