Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = -15%

Historical events that allowed us to draw this conclusion

31 Jul 20:00

02 May 19:00

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