Based on the last 12 Retail Sales MoM events in United States, NZDUSD could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 4 hours because the released value is < 0.4%. Historical events that allowed us to draw this conclusion
14 Mar 12:30 |
15 Feb 13:30 |
16 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
