Based on past France GDP Growth Rate QoQ 1st Est news events there is a 75% chance of NZDUSD trending upwards. We expect this to happen if the released value is > 15.4%. A price movement of 79 pips is expected.
Historical events that allowed us to draw this conclusion
30 Oct 17:30 |
30 Jan 17:30 |
30 Jan 17:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).