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Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend downwards 48 hours following the event release at 01 Sep 11:30 if the released value is < 0.5%. A price movement of 68 pips is expected. Historical events that allowed us to draw this conclusion
02 Sep 11:30![]() |
05 Jun 11:30![]() |
06 Mar 11:30![]() |
05 Dec 11:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).