What to trade around Australia GDP Growth Rate QoQ news event

Based on the last 12 GDP Growth Rate QoQ events in Australia, 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 02 Jun 01:30 if the released value is < 1.5%. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion

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