Based on the last 12 Consumer Confidence events in Japan, a $220 movement could occur on NZDUSD within 4 hours following the event release at 31 May 15:00. We expect NZDUSD to trend upwards 4 hours following the event release at 31 May 15:00 if the released value is < 33.5 Historical events that allowed us to draw this conclusion

03 Mar 16:00	31 Jan 16:00
05 Jan 16:00	31 Aug 15:00

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