Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 23

Historical events that allowed us to draw this conclusion

19 Feb 00:30	22 Jan 00:30
15 Oct 23:30	18 Jun 22:30

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