We expect a $150 movement on NZDUSD within 2 hours following the release of Industrial Production YoY at 14 Apr 09:00. We expect NZDUSD to trend downwards 2 hours following the event release at 14 Apr 09:00 if the released value is > -0.9%. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
12 Mar 10:00 |
13 Jan 10:00 |
14 Dec 10:00 |
12 Jun 09:00 |