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We expect a $230 movement on NZDUSD within 4 hours following the release of Existing Home Sales at 2022-11-18 15:00. We expect NZDUSD to trend downwards 4 hours following the event release at 2022-11-18 15:00 if the released value is > 4.38M. A price movement of 23 pips is expected.
Historical events that allowed us to draw this conclusion
20 Oct 14:00 |
21 Jun 14:00 |
18 Feb 15:00 |
22 Nov 15:00 |
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