Australia GDP Growth Rate QoQ News Event – a possible $80 movement on NZDUSD

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a $80 movement on NZDUSD within 2 hours following the event release at 01 Dec 00:30. We expect NZDUSD to trend downwards 2 hours following the event release at 01 Dec 00:30 if the released value is < -2.7% Historical events that allowed us to draw this conclusion

04 Dec 00:30
05 Jun 01:30
06 Mar 00:30
05 Dec 00:30