We expect a $140 movement on NZDUSD within 2 hours following the release of Consumer Confidence at 31 Jan 05:00. We expect NZDUSD to trend upwards 2 hours following the event release at 31 Jan 05:00 if the released value is > 39.5. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
29 Oct 05:00 |
02 Aug 05:00 |
30 Jun 05:00 |
08 Apr 05:00 |
04 Mar 05:00 |