Based on the last 12 RBA Interest Rate Decision events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 72.73% chance of this. We expect NZDUSD to trend upwards 48 hours following the event release at 01 Sep 14:30 if the released value is = 0.25%. A price movement of 103 pips is expected.

Historical events that allowed us to draw this conclusion

04 Aug 14:30
07 Jul 14:30
02 Jun 14:30
19 Mar 14:30
04 Feb 14:30
03 Dec 14:30
01 Oct 14:30
03 Sep 14:30

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