Based on the last 12 Interest Rate Decision events in New Zealand, we expect a 134 pip movement on AUDUSD for the next 48 hours. We expect AUDUSD to trend downwards for 48 hours because the released value is = 1%
Historical events that allowed us to draw this conclusion
08 May 02:00 |
27 Mar 01:00 |
13 Feb 01:00 |
07 Nov 20:00 |
26 Sep 21:00 |
08 Aug 21:00 |
21 Mar 20:00 |
07 Feb 20:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
