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Want to know why NZDUSD is going up today?

Want to know why NZDUSD is going up today?

Based on the last 12 GDP Growth Rate QoQ Adv events in IT, we expect a $80 movement on NZDUSD within 4 hours following the event release at 30 Apr 10:00.
We expect NZDUSD to trend up 4 hours following the event release at 30 Apr 10:00 if the released value is < -0.1% Historical events that allowed us to draw this conclusion

31 Jan 10:00
 
30 Oct 09:00
 
14 Feb 09:00
 

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

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