Based on the last 12 Balance of Trade events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 70% chance of this. This may happen if the released value is < $-70.5B Historical events that allowed us to draw this conclusion

06 Mar 00:30	06 Feb 00:30
05 Nov 00:30	06 Oct 23:30
05 Aug 22:30	04 Jun 22:30
05 May 22:30

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