Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect NZDUSD to trend upwards. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend upwards for 2 hours because the released value is > 3.3%. A price movement of 38 pips is expected.

Historical events that allowed us to draw this conclusion

31 May 12:00

01 Mar 13:00

28 Jan 13:00

29 Oct 13:00