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 80% chance of this. This may happen if the released value is < 15.3 Historical events that allowed us to draw this conclusion
21 Mar 10:00 |
13 Sep 09:00 |
16 Aug 09:00 |
14 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
