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We expect a $500 movement on NZDUSD within the next 12 hours.

Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $500 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards for the next 12 hours because the released value is = 0%

Historical events that allowed us to draw this conclusion

10 Mar 12:45
03 Feb 12:45
28 Oct 11:45
22 Jul 11:45
10 Jun 11:45
21 Jan 12:45
10 Dec 12:45
29 Oct 12:45

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

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