We expect a $130 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the NAB Business Confidence events in Australia release because the released value is > 5. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
08 Mar 00:30 |
08 Feb 00:30 |
12 Oct 00:30 |
14 Sep 01:30 |