Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect NZDUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > 22
Historical events that allowed us to draw this conclusion
13 Dec 10:00 |
15 Nov 10:00 |
18 Oct 09:00 |
10 May 09:00 |
12 Apr 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
