Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $40 movement on NZDUSD within 2 hours following the event release at 30 Aug 07:00. We expect NZDUSD to trend downwards 2 hours following the event release at 30 Aug 07:00 if the released value is > 94.5
Historical events that allowed us to draw this conclusion
30 Jul 07:00 |
29 Mar 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
