We expect a $430 movement on NZDUSD within 2 hours following the release of Existing Home Sales at 18 Feb 15:00. We expect NZDUSD to trend downwards 2 hours following the event release at 18 Feb 15:00 if the released value is < 6.1M. A price movement of 43 pips is expected. Historical events that allowed us to draw this conclusion
20 Jan 15:00 |
22 Jul 14:00 |
21 May 14:00 |
22 Apr 14:00 |
22 Mar 14:00 |