We expect a $810 movement on NZDUSD within 12 hours following the release of Durable Goods Orders MoM at 2023-05-26 22:30. We expect NZDUSD to trend upwards 12 hours following the event release at 2023-05-26 22:30 if the released value is > -1%. A price movement of 81 pips is expected.

Historical events that allowed us to draw this conclusion

27 Jan 00:30	24 Nov 00:30
27 Jul 22:30	27 Jun 22:30

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