Want to know why NZDUSD is going up for the next 2 hours?

Based on the last 12 Business Confidence events in EMU, we expect a $50 movement on NZDUSD within the next 2 hours.
We expect NZDUSD to trend up for the next 2 hours because the released value is < 0.49Historical events that allowed us to draw this conclusion

08 Jan 10:00
 
30 Oct 10:00
 
30 Aug 09:00
 
30 Jul 09:00
 
28 Jun 09:00
 

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

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