80% probability that NZDUSD may trend upwards

Based on the last 12 Balance of Trade events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < A$8.8B Historical events that allowed us to draw this conclusion

02 Jul 11:30
05 Dec 11:30
03 Oct 11:30
05 Sep 11:30

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