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Based on past United States GDP Growth Rate QoQ 2nd Est news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen if the released value is = 6.7%. A price movement of 44 pips is expected.
Historical events that allowed us to draw this conclusion
28 Feb 00:30![]() |
29 Aug 22:30![]() |
30 May 22:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).