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NZDUSD may be ready to trend upwards today with a 75% chance.

Based on the last 12 Ivey PMI s.a events in Canada, NZDUSD may trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 73.8 Historical events that allowed us to draw this conclusion

07 Jan 15:00
04 Jun 14:00
07 May 14:00

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

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