Based on the last 12 Durable Goods Orders MoM events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > -4%
Historical events that allowed us to draw this conclusion
25 Jul 12:30 |
26 Jun 12:30 |
24 Apr 12:30 |
26 Mar 12:30 |
27 Feb 13:30 |
25 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
