Why you should close your NZDUSD positions today

La performance passata non è un indicatore delle performance future.
Be very careful of upcoming volatility because of United States Core Inflation Rate YoY news event later today. Based on the last 12 Core Inflation Rate YoY events in United States, we expect a $130 movement on NZDUSD within 4 hours following the event release at 10 Apr 13:30. We expect this to happen if the released value is = 2.1%. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

11 Jan 13:30
12 Dec 13:30
12 Jul 13:30
12 Jun 13:30

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

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