Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect NZDUSD to trend downwards right now. Based on these past events there is a 71.43% chance of this. We expect NZDUSD to trend downwards for the next 12 hours because the released value is > 2.1%. A price movement of 76 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jul 15:30	30 Apr 15:30
30 Oct 17:30	31 Jul 15:30
30 Jan 17:30

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