Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate Annualized events in Canada, we expect a $540 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend upwards for 48 hours because the released value is < 1.2%
Historical events that allowed us to draw this conclusion
31 May 13:30 |
02 Mar 13:30 |
31 Aug 13:30 |
31 May 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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