NZDUSD will trend downwards right now

Past performance is not an indicator of future results.
We expect NZDUSD to trend downwards for the next 4 hours. Based on these past United States Retail Sales MoM news events there is a 75% chance of this. We expect this to happen because the released value is < 0.3%. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

14 Feb 13:30
14 Sep 13:30
14 Mar 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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