Based on the last 12 GDP Growth Rate QoQ Adv events in United States, we may expect NZDUSD to trend downwards right now. Based on these past events there is a 80% chance of this. We made this conclusion because the released value is < 2.5%. A price movement of 10 pips may be experienced. Historical events that allowed us to draw this conclusion
27 Apr 12:30 |
28 Jul 12:30 |
28 Apr 12:30 |
29 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).