Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect NZDUSD to trend upwards for the next 12 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 2.3%

Historical events that allowed us to draw this conclusion

16 Nov 10:50	18 May 09:50
09 Aug 09:50	20 May 09:50

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