NZDUSD will trend upwards right now

Past performance is not an indicator of future results.
We expect NZDUSD to trend upwards for the next 2 hours. Based on these past Euro Area Business Confidence news events there is a 71.43% chance of this. We expect this to happen because the released value is < 0.66. A price movement of 5 pips is expected.

Historical events that allowed us to draw this conclusion

08 Jan 10:00

30 Oct 10:00

30 Aug 10:00

30 Jul 10:00

28 Jun 10:00

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

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