We expect a $180 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the Ivey PMI s.a events in Canada release because the released value is > 53.3. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

06 Dec 02:00	08 Aug 00:00
08 May 00:00	05 Apr 01:00

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