Based on the last 12 Retail Sales MoM events in US, we expect NZDUSD to trend down later today. Based on these past events there is a 75.0% of this.
This will happen if the released value is < 0.3%
Historical events that allowed us to draw this conclusion
01 Apr 12:30 |
14 Feb 13:30 |
14 Sep 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)