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We expect a $210 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards 12 hours following the Consumer Confidence events in Japan release because the released value is < 33. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion
03 Mar 16:00![]() |
31 Jan 16:00![]() |
05 Jan 16:00![]() |
02 Dec 16:00![]() |
31 Aug 15:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).