Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $300 movement on NZDUSD within 12 hours following the event release at 2022-09-27 12:30. We expect NZDUSD to trend upwards 12 hours following the event release at 2022-09-27 12:30 if the released value is > -0.4%
Historical events that allowed us to draw this conclusion
27 Jul 12:30 |
27 Jun 12:30 |
23 Dec 13:30 |
27 Oct 12:30 |
27 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
