NZDUSD will trend up from 11 Jan 13:30
We expect NZDUSD to trend up later today. Based on these past US Inflation Rate YoY news events there is a 71.4% of this.
We expect this to happen if the released value is = 1.9%. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
|12 Dec 13:30
|14 Nov 13:30
|12 Jul 12:30
|10 May 12:30
|13 Mar 12:30
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)