66.67% probability that NZDUSD may trend downwards

Based on the last 12 NAB Business Confidence events in Australia, 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 < -1 Historical events that allowed us to draw this conclusion

10 Mar 12:00
10 Sep 11:30

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