Based on the last 12 Durable Goods Orders MoM events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 0.7%
Historical events that allowed us to draw this conclusion
26 Jan 13:30 |
23 Nov 13:30 |
27 Jul 12:30 |
27 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
