Based on past France GDP Growth Rate QoQ 1st Est news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen because the released value is > 0.2%. A price movement of 79 pips is expected.
Historical events that allowed us to draw this conclusion
28 Jan 06:30 |
29 Oct 05:30 |
30 Jul 05:30 |
30 Apr 05:30 |
30 Oct 06:30 |
31 Jul 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
