Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $500 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards for the next 12 hours because the released value is = 0%
Historical events that allowed us to draw this conclusion
10 Mar 12:45 |
03 Feb 12:45 |
28 Oct 11:45 |
22 Jul 11:45 |
10 Jun 11:45 |
21 Jan 12:45 |
10 Dec 12:45 |
29 Oct 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
