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”)
