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CH KOF Leading Indicators News Event – a possible $210 movement on NZDUSD

CH KOF Leading Indicators News Event – a possible $210 movement on NZDUSD

Based on the last 12 KOF Leading Indicators events in CH, we expect a $210 movement on NZDUSD within 4 hours following the event release at 30 Oct 08:00.
We expect NZDUSD to trend up 4 hours following the event release at 30 Oct 08:00 if the released value is < 100.6 Historical events that allowed us to draw this conclusion

30 Aug 07:00
 
30 Jul 07:00
 
30 May 07:00
 
29 Mar 07:00
 
30 Jan 08:00
 

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

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