Based on the last 12 Core Inflation Rate YoY events in United States, we expect NZDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards for the next 12 hours because the released value is > 2.1%. A price movement of 22 pips is expected.
Historical events that allowed us to draw this conclusion
11 Jul 12:30 |
10 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
