7 pip movement on NZDUSD expected
We expect a $70 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Balance of Trade events in Japan release because the released value is > ¥-1405B. A price movement of 7 pips is expected.Historical events that allowed us to draw this conclusion18 May 23:5019 Jan 23:5017 Aug 23:50