We could see a $770 movement on NZDUSD within the next 4 hours. NZDUSD could trend downwards 4 hours following the ISM Non-Manufacturing PMI events in United States release because the released value is < 56.4. We may experience a price movement of 77 pips. Historical events that allowed us to draw this conclusion

06 Apr 00:00	04 Mar 02:00
07 Jan 02:00	07 Jul 00:00

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