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There is a 75% chance of NZDUSD trending downwards

We expect a $210 movement on NZDUSD within 12 hours following the release of Ifo Business Climate at 2025-05-22 08:00. We expect NZDUSD to trend downwards 12 hours following the event release at 2025-05-22 08:00 if the released value is > 87.4. A price movement of 21 pips is expected.

Historical events that allowed us to draw this conclusion

27 Jan 09:00
25 Oct 08:00
26 Aug 08:00

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

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