Based on the last 12 Ivey PMI s.a events in Canada, we expect NZDUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards for the next 2 hours because the released value is > 60.5. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
05 Feb 15:00 |
06 Nov 15:00 |
07 Jul 14:00 |
05 Jun 14:00 |