Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a $1010 movement on NZDUSD within 12 hours following the event release at 2023-06-07 01:30. We expect NZDUSD to trend upwards 12 hours following the event release at 2023-06-07 01:30 if the released value is < 0.3% Historical events that allowed us to draw this conclusion
01 Mar 00:30 |
07 Sep 01:30 |
05 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
