We expect a $210 movement on NZDUSD within the next 4 hours.
We expect NZDUSD to trend up 4 hours following the KOF Leading Indicators events in CH release because the released value is < 100.6. A price movement of 21 pips is expected.
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”)
