We expect a $1330 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend downwards 48 hours following the Michigan Consumer Sentiment Prel events in United States release because the released value is < 60. A price movement of 133 pips is expected. Historical events that allowed us to draw this conclusion

11 Jun 00:00	12 Mar 02:00
12 Feb 02:00	15 Jan 02:00
13 Nov 02:00	18 Sep 00:00

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