Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect NZDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is = -3.5%

Historical events that allowed us to draw this conclusion

31 Jul 19:00	31 Jan 21:00
02 May 19:00	01 Aug 19:00
03 May 19:00

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