If the released value is < 64 for the Michigan Consumer Sentiment Prel event, we could see a $1,090 movement on NZDUSD within 48 hours following the release at 13 May 14:00. This movement may form an downwards trend for 48 hours following the event release at 13 May 14:00. Historical events that allowed us to draw this conclusion
11 Mar 15:00 |
11 Feb 15:00 |
14 Jan 15:00 |
12 Nov 15:00 |
17 Sep 14:00 |
13 Aug 14:00 |
16 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
