Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect NZDUSD to trend downwards for the next 48 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is > 11.2%

Historical events that allowed us to draw this conclusion

31 Jul 18:00	30 Apr 20:00
31 Jul 20:00	30 Apr 20:00
14 Nov 20:00

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