83.33% probability that NZDUSD will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect NZDUSD to trend downwards for the next 4 hours. Based on these past events there is a 83.33% chance of this. This will happen because the released value is > 10

Historical events that allowed us to draw this conclusion

18 Oct 13:30
19 Jul 13:30
17 May 13:30
19 Apr 13:30
15 Feb 13:30

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

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