Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 21 pip movement on NZDUSD within 2 hours following the event release at 27 Jul 12:30 UTC. We expect NZDUSD to trend downwards 2 hours following the event release at 27 Jul 12:30 UTC if the released value is < 2.1% Historical events that allowed us to draw this conclusion
24 Jun 12:30 |
24 Mar 12:30 |
27 Jan 13:30 |
25 Sep 12:30 |