Based on the last 12 Durable Goods Orders MoM events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend downwards 48 hours following the event release at 2022-08-24 22:30 if the released value is < 0.6%. A price movement of 152 pips is expected. Historical events that allowed us to draw this conclusion

26 Apr 22:30	24 Mar 23:30
28 Jan 00:30	25 Nov 00:30

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