Based on the last 12 RBA Interest Rate Decision events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 3.60%
Historical events that allowed us to draw this conclusion
20 May 04:30 |
01 Apr 04:30 |
18 Feb 03:30 |
05 Nov 03:30 |
06 Aug 04:30 |
18 Jun 04:30 |
19 Mar 03:30 |
06 Feb 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
