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Balance of Trade

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We expect NZDUSD to trend downwards later today. Based on these past Japan Balance of Trade news events there is a 66.67% chance of this. We expect this to happen if the released value is < ¥196.2B. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

16 Jul 23:50
18 Mar 23:50
19 Nov 23:50
20 Aug 23:50

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