NZDUSD may trend downwards from 11 Feb 00:30

We expect NZDUSD to trend downwards later today. Based on these past United States Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is > 1.5%. A price movement of 177 pips is expected.

Historical events that allowed us to draw this conclusion

14 Jan 00:30
12 Aug 22:30
11 Mar 23:30
14 Feb 00:30

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