Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $500 movement on NZDUSD within 48 hours following the event release at 13 Nov 10:00. We expect NZDUSD to trend downwards 48 hours following the event release at 13 Nov 10:00 if the released value is < -2.3% Historical events that allowed us to draw this conclusion
14 Oct 09:00 |
12 Sep 09:00 |
14 Aug 09:00 |
14 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
