Germany Markit Manufacturing PMI Flash News Event – a $180 opportunity on NZDUSD

We expect a $180 movement on NZDUSD within 2 hours following the release of Markit Manufacturing PMI Flash at 23 Aug 07:30. We expect NZDUSD to trend upwards 2 hours following the event release at 23 Aug 07:30 if the released value is > 65. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

23 Jul 07:30
23 Jun 07:30
24 Mar 08:30
19 Feb 08:30
16 Dec 08:30
23 Nov 08:30
23 Oct 07:30
23 Sep 07:30
21 Aug 07:30