Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, 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 2 hours following the event release at 30 Apr 05:30 if the released value is < 0.1%. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion
30 Apr 05:30 |
31 Jan 06:30 |
30 Jul 05:30 |
27 Apr 05:30 |