Based on the last 12 New Home Sales events in United States, we could see a $200 movement on NZDUSD within the next 2 hours. We may see NZDUSD trend downwards for 2 hours because the released value is > 0.588M
Historical events that allowed us to draw this conclusion
26 Jan 15:00 |
26 Oct 14:00 |
24 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
