We expect a $110 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend upwards 4 hours following the Durable Goods Orders MoM events in United States release because the released value is > -1.5%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

26 Aug 22:30	25 Apr 22:30
13 Mar 23:30

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