We expect a $490 movement on NZDUSD within 12 hours following the release of Balance of Trade at 09 Oct 17:00. We expect NZDUSD to trend downwards 12 hours following the event release at 09 Oct 17:00 if the released value is < £0.6B. A price movement of 49 pips is expected. Historical events that allowed us to draw this conclusion

11 Sep 16:00	13 May 16:00
11 Nov 20:30

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