Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 9 pip movement on NZDUSD within 2 hours following the event release at 28 May 12:30 UTC. We expect NZDUSD to trend downwards 2 hours following the event release at 28 May 12:30 UTC if the released value is < -19% Historical events that allowed us to draw this conclusion
24 Apr 12:30 |
23 Dec 13:30 |
24 Oct 12:30 |
26 Jun 12:30 |