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Balance of Trade

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We expect a $360 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend upwards 4 hours following the Balance of Trade events in Canada release because the released value is < C$3.4B. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion

05 Feb 13:30
05 Dec 13:30
05 Nov 13:30
08 Oct 12:30
04 Sep 12:30
03 Jul 12:30
02 May 12:30

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