We expect a $110 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the ISM Non-Manufacturing PMI events in United States release because the released value is > 59. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
03 Feb 15:00 |
05 Oct 14:00 |
05 Aug 14:00 |
06 Jul 14:00 |
05 May 14:00 |
03 Apr 14:00 |