Based on the last 12 PPI MoM events in United States, we may expect NZDUSD to trend upwards right now. Based on these past events there is a 71.43% chance of this. We made this conclusion because the released value is < 0.3%. A price movement of 35 pips may be experienced. Historical events that allowed us to draw this conclusion
12 Jan 13:30 |
13 Dec 13:30 |
13 Jul 12:30 |
14 Jun 12:30 |
13 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
