Based on past US Philadelphia Fed Manufacturing Index news events there is a 80.0% of NZDUSD trending up
We expect this to happen because the released value is < 10.4. A price movement of 10 pips is expected.
Historical events that allowed us to draw this conclusion
20 Dec 13:30 |
15 Nov 13:30 |
16 Aug 12:30 |
21 Jun 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)