Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect NZDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 0.2%

Historical events that allowed us to draw this conclusion

28 Jan 17:30	29 Oct 16:30
30 Jul 15:30	30 Apr 15:30
30 Oct 17:30	31 Jul 15:30

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