Based on the last 12 Inflation Rate YoY Prel events in France, we could see a $240 movement on NZDUSD within the next 4 hours. We may see NZDUSD trend downwards for 4 hours because the released value is < 2.4% Historical events that allowed us to draw this conclusion
04 Jan 07:45 |
30 Nov 07:45 |
30 Jun 06:45 |
31 May 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).