United States GDP Growth Rate QoQ 2nd Est News Event – a $210 opportunity on NZDUSD

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 2023-02-24 00:30 if the released value is < 2.9%. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

26 May 22:30
25 Nov 00:30
26 Aug 22:30
26 Feb 00:30
26 Nov 00:30
28 May 22:30

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