Based on the last 12 Balance of Trade events in Germany, we expect NZDUSD to trend downwards. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards for 2 hours because the released value is < € 10.8B. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

07 Jan 07:00

09 Dec 07:00

09 Nov 07:00

08 Oct 06:00

09 Aug 06:00

08 Jul 06:00