NZD GDP q/q – Change in the value of all goods and services produced by the economy

6:45 PM EDT  
NZD/USD

In September this came out at -.4 and -.2 with a 46 pip spike, 25% retracement, and continuation to 60 pips in 6 minutes. In March it came out at -.3 and -.4 with a 30 pip spike. The problem was that it was very volatile 5 or 6 seconds before the trade and the data came out 3 seconds EARLY, causing the spike to happen 3 seconds before the posted time. It did spike nicely, retraced very little, and continued to 55 pips in 4 minutes.
This has had some decent moves in the recent past but you never know. In the best case it will come out on time with nice deviation.
Be carefull for early movement lets say 1 minute before the trade. If that is the case get out fast.