Based on the last 12 Durable Goods Orders MoM events in United States, we expect NZDUSD to trend upwards right now. Based on these past events there is a 80% chance of this. This may happen because the released value is > 0.8%

Historical events that allowed us to draw this conclusion

24 Dec 00:30	27 Oct 23:30
27 Sep 22:30	25 Aug 22:30

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