New Zealand Interest Rate Decision News Event – a possible $810 movement on AUDUSD

Based on the last 12 Interest Rate Decision events in New Zealand, we expect a $810 movement on AUDUSD within 48 hours following the event release at 24 Feb 12:00. We expect AUDUSD to trend downwards 48 hours following the event release at 24 Feb 12:00 if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

11 Nov 12:00
23 Sep 12:00
24 Jun 12:00
13 May 12:00
12 Feb 12:00
25 Sep 12:00
08 May 12:00

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