Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend downwards 4 hours following the event release at 27 Aug 22:30 if the released value is = -32.5%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

28 Feb 00:30	29 Aug 22:30
30 May 22:30	01 Mar 00:30

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