Based on the last 12 Retail Sales MoM events in US, we expect a $160 movement on NZDUSD within the next 2 hours.
We expect NZDUSD to trend up for the next 2 hours because the released value is > 0.9%
Historical events that allowed us to draw this conclusion
11 Mar 12:30 |
15 Nov 13:30 |
15 Aug 12:30 |
16 Apr 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
