We expect a $140 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the Durable Goods Orders MoM events in United States release because the released value is > -0.4%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

27 Jun 22:30	24 Dec 00:30
27 Oct 23:30	27 Sep 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).