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There is a 71.43% chance of YM trending upwards

Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we could see a $6932880 movement on YM within the next 12 hours. YM could trend upwards for the next 12 hours because the released value is > 0.1%

Historical events that allowed us to draw this conclusion

28 Jul 05:30
31 Jan 06:30
29 Jul 05:30
29 Oct 05:30
30 Jul 05:30

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

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We expect a $320 movement on NZDUSD within the next 4 hours.

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