We expect a $160 movement on NZDUSD within 2 hours following the release of Existing Home Sales at 2023-02-21 15:00. We expect NZDUSD to trend downwards 2 hours following the event release at 2023-02-21 15:00 if the released value is < 4.1M. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion
21 Dec 15:00 |
18 Aug 14:00 |
20 Jul 14:00 |
19 May 14:00 |
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