Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $1,940 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend downwards for 48 hours because the released value is > -1.1%

Historical events that allowed us to draw this conclusion

27 Sep 22:30	26 Feb 00:30
27 Oct 23:30

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