NZDUSD will trend upwards right now

Past performance is not an indicator of future results.
We expect NZDUSD to trend upwards for the next 4 hours. Based on these past Japan GDP Growth Rate QoQ Prel news events there is a 80% chance of this. We expect this to happen because the released value is < 0.4%. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

16 May 00:50

13 Feb 23:50

12 Feb 23:50

14 Feb 23:50

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

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