We expect a $970 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards 12 hours following the Inflation Rate YoY events in United States release because the released value is < 3.3%. A price movement of 97 pips is expected. Historical events that allowed us to draw this conclusion
12 Jul 12:30 |
10 May 12:30 |
13 Dec 13:30 |
10 Nov 13:30 |
10 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
