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We expect a $580 movement on NZDUSD within the next 48 hours.

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we could see NZDUSD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is = 1.3%

Historical events that allowed us to draw this conclusion

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

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