10 pip movement on NZDUSD expected

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 10 pip movement on NZDUSD for the next 2 hours. We expect NZDUSD to trend downwards for 2 hours because the released value is < 73 Historical events that allowed us to draw this conclusion

17 Mar 10:00
18 Feb 10:00