We expect a $380 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the KOF Leading Indicators events in Switzerland release because the released value is < 84.5. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion
30 Aug 17:00 |
30 Mar 18:00 |
28 Feb 19:00 |
30 Nov 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).