Based on the last 12 Balance of Trade events in United States, we expect a $440 movement on NZDUSD within 48 hours following the event release at 05 Apr 12:30. We expect NZDUSD to trend upwards 48 hours following the event release at 05 Apr 12:30 if the released value is < $-88.5B Historical events that allowed us to draw this conclusion
08 Mar 13:30 |
06 Jan 13:30 |
07 Dec 13:30 |
04 Nov 12:30 |
07 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
