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There is a 75% chance of NZDUSD trending downwards

We expect a $130 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards 4 hours following the Balance of Trade events in Australia release because the released value is < A$10.1B. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion

08 Sep 01:30
07 Apr 01:30
11 Jan 00:30

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

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We expect PL to trend upwards for the next 12 hours.

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Esperamos que el YM comience su tendencia upwards ahora mismo.

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