Based on the last 12 Inflation Rate YoY Prel events in France, we could see a 12 pip movement on NZDUSD for the next 4 hours. NZDUSD could trend upwards for 4 hours because the released value is > 1.1%
Historical events that allowed us to draw this conclusion
30 Aug 06:45 |
30 Apr 06:45 |
31 Jan 07:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
