Based on past United States Durable Goods Orders ex Tansp MoM news events there is a 66.67% chance of NZDUSD trending upwards. We expect this to happen if the released value is < 0.2%. A price movement of 9 pips is expected. Historical events that allowed us to draw this conclusion
26 Aug 12:30 |
24 May 12:30 |
13 Mar 12:30 |
21 Dec 13:30 |
21 Nov 13:30 |
27 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
