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We expect NKD to trend upwards right now.

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

04 Dec 00:30
05 Jun 01:30
06 Mar 00:30
06 Dec 00:30
01 Mar 00:30
07 Dec 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 AUDUSD to trend upwards today with a 66.67% chance.

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