Based on past Switzerland Consumer Confidence news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen if the released value is > -36. A price movement of 24 pips is expected.
Historical events that allowed us to draw this conclusion
03 Aug 07:00 |
04 Feb 08:00 |
04 Aug 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
