Based on the last 12 Employment Change events in Canada, we expect a $80 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards for 2 hours because the released value is > 11K
Historical events that allowed us to draw this conclusion
02 Nov 12:30 |
10 Aug 13:30 |
06 Jul 13:30 |
06 Apr 13:30 |
05 Jan 13:30 |
01 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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