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We expect NZDUSD to trend downwards right now.

Based on the last 12 Inflation Rate YoY events in United States, we expect NZDUSD to trend downwards right now. Based on these past events there is a 75% chance of this. This may happen because the released value is = 7.9%

Historical events that allowed us to draw this conclusion

10 Dec 13:30
14 Sep 12:30
10 Mar 13:30

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

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