Based on the last 12 Fed Interest Rate Decision events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards 12 hours following the event release at 30 Jul 04:00 if the released value is = 0.25%. A price movement of 29 pips is expected.

Historical events that allowed us to draw this conclusion

30 Apr 04:00	12 Dec 06:00
31 Oct 05:00	20 Jun 04:00
21 Mar 05:00	31 Jan 06:00

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