We expect a $1000 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend upwards 48 hours following the BoC Interest Rate Decision events in Canada release because the released value is = 5%. A price movement of 100 pips is expected.
Historical events that allowed us to draw this conclusion
06 Mar 14:45 |
25 Oct 14:00 |
06 Sep 14:00 |
12 Jul 14:00 |
12 Apr 14:00 |
08 Mar 15:00 |
25 Jan 15:00 |
07 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
