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We expect NZDUSD to trend downwards with a 75% chance.

Based on past Australia GDP Growth Rate QoQ news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen because the released value is > 1%. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jun 01:30
01 Dec 00:30
01 Sep 01:30
02 Jun 01:30
03 Mar 00:30
04 Mar 00:30

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

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Esperamos que el AUDUSD adopte ahora mismo una tendencia downwards.

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