Based on the last 12 Retail Sales MoM events in United Kingdom, we could see a $1010 movement on NZDUSD within the next 48 hours. We may see NZDUSD trend upwards for 48 hours because the released value is < 0.3% Historical events that allowed us to draw this conclusion
19 Jan 07:00 |
17 Nov 07:00 |
20 Oct 06:00 |
22 Sep 06:00 |
18 Aug 06:00 |
21 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
