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We expect KW to trend upwards right now.

Based on the last 12 Balance of Trade events in Australia, KW could experience an upwards trend. Based on these past events there is a 85.71% chance of this, and the trend could last 12 hours because the released value is < A$6.678B. Historical events that allowed us to draw this conclusion

02 May 01:30
05 Apr 00:30
07 Mar 00:30
07 Dec 00:30
02 Nov 00:30
07 Sep 01:30

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

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We expect NZDUSD to trend upwards right now.

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