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We expect NZDUSD to trend upwards right now.

Based on the last 12 Balance of Trade events in Australia, NZDUSD may trend upwards for the next 12 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is < A$6.678B Historical events that allowed us to draw this conclusion

02 May 01:30
07 Mar 00:30
05 Feb 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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