We expect a $130 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards 4 hours following the Unemployment Rate events in Germany release because the released value is < 5.4%. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion
02 Mar 19:55 |
01 Feb 19:55 |
31 Aug 17:55 |
29 Jul 17:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).