Want to know why NZDUSD is going downwards for the next 4 hours?

Past performance is not an indicator of future results.
Based on the last 12 Retail Sales MoM events in United States, we expect a $130 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards for the next 4 hours because the released value is < 0.3%

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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