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We expect a $300 movement on NZDUSD within the next 4 hours.

We expect a $300 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards 4 hours following the Inflation Rate YoY Prel events in Germany release because the released value is > 7.4%. A price movement of 30 pips is expected.

Historical events that allowed us to draw this conclusion

30 May 12:00
28 Apr 12:00
31 Jan 13:00
29 Nov 13:00
28 Oct 12:00
29 Jul 12:00

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

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We expect a $245 movement on ZB within 48 hours following the event release at 2022-07-28 12:00.

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