Based on the last 12 Balance of Trade events in Germany, we expect a 18 pip movement on NZDUSD for the next 2 hours. We expect NZDUSD to trend downwards for 2 hours because the released value is < €14.2B Historical events that allowed us to draw this conclusion
09 Dec 07:00 |
09 Nov 07:00 |
08 Oct 06:00 |
09 Aug 06:00 |
08 Jul 06:00 |
08 Jan 07:00 |