Euro Area Industrial Production YoY News Event – a $150 opportunity on NZDUSD

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