Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > -0.2%

Historical events that allowed us to draw this conclusion

29 Jan 20:00	30 Oct 20:00
14 Nov 18:00

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