Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $670 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards for 12 hours because the released value is < 59.5 Historical events that allowed us to draw this conclusion
23 Sep 07:30 |
23 Aug 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).