Based on the last 12 GDP Growth Rate QoQ events in Australia, we may expect NKD to trend upwards right now. Based on these past events there is a 77.78% chance of this. We made this conclusion because the released value is < 0.4%. A price movement of 29 pips may be experienced. Historical events that allowed us to draw this conclusion
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All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).