We expect a $550 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Inflation Rate YoY events in United States release because the released value is = 8.8%. A price movement of 55 pips is expected.
Historical events that allowed us to draw this conclusion
10 Mar 13:30 |
12 Jan 13:30 |
14 Sep 12:30 |