Based on the last 12 Retail Sales MoM events in United States, we expect a $780 movement on NZDUSD within 48 hours following the event release at 2022-11-17 00:30. We expect NZDUSD to trend upwards 48 hours following the event release at 2022-11-17 00:30 if the released value is > 1%
Historical events that allowed us to draw this conclusion
15 Jul 22:30 |
17 Feb 00:30 |
17 Nov 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).