United States Durable Goods Orders MoM News Event – a $350 opportunity on NZDUSD

We expect a $350 movement on NZDUSD within 2 hours following the release of Durable Goods Orders MoM at 27 Oct 12:30. We expect NZDUSD to trend upwards 2 hours following the event release at 27 Oct 12:30 if the released value is > 0.5%. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

26 Aug 12:30
27 Jul 12:30
25 Jun 12:30
28 May 12:30
25 Mar 12:30
27 Feb 13:30