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 |