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We expect a 120 pip movement on ZB for the next 48 hours.

Based on the last 12 Inflation Rate YoY Prel events in Germany, ZB could experience an upwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 48 hours because the released value is < 2.3%. Historical events that allowed us to draw this conclusion

29 Feb 13:00
31 Jan 13:00
30 Oct 13:00
28 Sep 12:00
31 May 12:00

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

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We expect a 91 pip movement on NZDUSD for the next 48 hours.

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If you’re long NZD/USD you should be aware of the rapidly approaching level of 0.5956

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