Based on the last 12 Balance of Trade events in United States, we expect a $390 movement on NZDUSD within 12 hours following the event release at 2022-10-05 23:30. We expect NZDUSD to trend upwards 12 hours following the event release at 2022-10-05 23:30 if the released value is > $-67.7B

Historical events that allowed us to draw this conclusion

07 Jun 22:30

09 Feb 00:30

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