United States Durable Goods Orders MoM News Event – a $90 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $90 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the Durable Goods Orders MoM events in United States release because the released value is < 1.5%. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

21 Dec 13:30
21 Nov 13:30
24 Aug 13:30
25 May 13:30

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