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We expect a $0.163 movement on HO within the next 48 hours.

Based on the last 12 Interest Rate Decision events in New Zealand, we expect a $0.163 movement on HO within the next 48 hours. We expect HO to trend upwards for 48 hours because the released value is = 0.25%

Historical events that allowed us to draw this conclusion

14 Apr 02:00
24 Feb 01:00
23 Sep 02:00
12 Aug 02:00
13 May 02:00
12 Feb 01:00

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

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Important price line being approached by US30. This price has been tested numerous times before.

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