Based on the last 12 Interest Rate Decision events in New Zealand, we expect NZDUSD to trend downwards. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend downwards for 12 hours because the released value is = 1%. A price movement of 58 pips is expected.

Historical events that allowed us to draw this conclusion

25 Sep 12:00	27 Mar 12:00
27 Sep 07:00	09 Aug 07:00
28 Jun 07:00	10 May 07:00

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