We expect a $13.588 movement on ZR within 48 hours following the release of Consumer Confidence Flash at 21 Jan 15:00. We expect ZR to trend upwards 48 hours following the event release at 21 Jan 15:00 if the released value is < -9. A price movement of 92 pips is expected. Historical events that allowed us to draw this conclusion
21 Dec 15:00 |
22 Jul 14:00 |
22 Jun 14:00 |
21 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
