United States Durable Goods Orders MoM News Event – a $70 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $70 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards 4 hours following the Durable Goods Orders MoM events in United States release because the released value is > -0.5%. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

25 Oct 13:30

27 Sep 13:30

27 Jun 13:30

26 Apr 13:30

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

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