Are you on the right side of Australia GDP Growth Rate YoY news event?

Based on the last 12 GDP Growth Rate YoY events in Australia, we expect NZDUSD to trend downwards. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend downwards for 48 hours because the released value is < 3.3%. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

07 Mar 00:30

06 Dec 00:30

07 Sep 02:30

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

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