88.89% probability that NZDUSD may trend downwards

Based on the last 12 Business Confidence events in Euro Area, we expect NZDUSD to trend downwards later today. Based on these past events there is a 88.89% chance of this. This may happen if the released value is < -1.24 Historical events that allowed us to draw this conclusion

30 Mar 09:00
08 Jan 10:00
28 Nov 10:00
27 Sep 09:00
30 Jul 09:00
27 Jun 09:00
28 May 09:00
29 Apr 09:00