We expect a $160 movement on NZDUSD within the next 2 hours.

Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $160 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards for the next 2 hours because the released value is = 0.25%

Historical events that allowed us to draw this conclusion

29 Jul 18:00
29 Apr 18:00
29 Jan 19:00
11 Dec 19:00
30 Oct 18:00
20 Mar 18:00
30 Jan 19:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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