Euro Area Industrial Production YoY News Event – a possible $190 movement on NZDUSD
We expect NZDUSD to trend upwards for the next 2 hours. Based on these past Euro Area Industrial Production YoY news events there is a 75% chance of this. We expect this to happen because the released value is < 1.1%. A price movement of 19 pips is expected.Historical events that allowed us to draw this conclusion14 Sep 09:0015 Jun…