NZDUSD may trend upwards from 2023-06-07 11:30

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 0.3% Historical events that allowed us to draw this conclusion

01 Mar 11:30
07 Sep 11:30
05 Jun 11:30

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