We expect NZDUSD to trend upwards for the next 2 hours. Based on these past Australia Balance of Trade news events there is a 85.71% chance of this. We expect this to happen because the released value is > A$10.5B. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
04 May 01:30 |
12 Jan 00:30 |
08 Dec 00:30 |
03 Nov 00:30 |
04 Aug 01:30 |
07 Jul 01:30 |
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