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We expect a 22 pip movement on NZDUSD for the next 48 hours.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we may expect NZDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is = 2.4%. A price movement of 22 pips may be experienced.

Historical events that allowed us to draw this conclusion

04 Jan 13:00
28 Jul 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 GF to trend upwards with a 66.67% chance.

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USD/CAD has broken through a resistance line. It has touched this line numerous times in the last 7 days.

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