NZDUSD may trend upwards from 27 Jan 13:30

We expect NZDUSD to trend upwards later today. Based on these past United States Durable Goods Orders MoM news events there is a 90% chance of this. We expect this to happen if the released value is > 0.9%. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

23 Dec 13:30
25 Nov 13:30
27 Oct 12:30
26 Aug 12:30
27 Jul 12:30
25 Jun 12:30
28 May 12:30
25 Mar 12:30
27 Feb 13:30