Based on the last 12 Durable Goods Orders ex Tansp MoM events in United States, we expect a $720 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend upwards for the next 48 hours because the released value is < 0% Historical events that allowed us to draw this conclusion
24 May 12:30 |
02 Apr 12:30 |
13 Mar 12:30 |
21 Feb 13:30 |
25 Oct 12:30 |
24 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
