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 66.67% chance of this. This may happen if the released value is > 32

Historical events that allowed us to draw this conclusion

07 Dec 21:00	09 Nov 21:00
11 May 19:00	16 Feb 21:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).