Based on the last 12 Deposit Facilty Rate events in Euro Area, we could see a $140 movement on NZDUSD within the next 2 hours. We may see NZDUSD trend upwards for 2 hours because the released value is = 2.75%
Historical events that allowed us to draw this conclusion
12 Dec 13:15 |
12 Sep 12:15 |
06 Jun 12:15 |
11 Apr 12:15 |
07 Mar 13:15 |
25 Jan 13:15 |
14 Dec 13:15 |
26 Oct 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
