Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect NZDUSD to trend downwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is < 0% Historical events that allowed us to draw this conclusion

29 Jul 18:00	28 Jan 20:00
29 Oct 19:00	30 Apr 18:00
30 Jul 18:00	14 Feb 18:00

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