We expect a $220 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the Unemployment Rate events in United Kingdom release because the released value is < 4.3%. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion
13 Jun 06:00 |
11 Oct 06:00 |
13 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
