Canada Ivey PMI s.a News Event – a possible $450 opportunity on NZDUSD

If the released value is > 73.8 for the Ivey PMI s.a event, we could see a $450 movement on NZDUSD within 48 hours following the release at 07 May 00:00. This movement may form an upwards trend for 48 hours following the event release at 07 May 00:00.

Historical events that allowed us to draw this conclusion

05 Mar 02:00
05 Feb 02:00
08 Dec 02:00
08 Oct 01:00
09 Sep 00:00
08 Apr 00:00

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