New Zealand Interest Rate Decision News Event – a possible $110 movement on AUDUSD

Based on the last 12 Interest Rate Decision events in New Zealand, we expect a $110 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is = 0.25%

Historical events that allowed us to draw this conclusion

13 May 12:00
12 Feb 12:00
26 Jun 12:00
08 May 12:00
13 Feb 12:00
27 Sep 07:00

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