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Based on past Australia GDP Growth Rate QoQ news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen if the released value is < 3%. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion
02 Sep 11:30![]() |
04 Dec 11:30![]() |
06 Mar 11:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).