We expect a $240 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Inflation Rate YoY Prel events in Germany release because the released value is > 9.4%. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

30 Aug 12:00

28 Jul 12:00

30 May 12:00

30 Mar 12:00

06 Jan 13:00

28 Oct 12:00