Germany Ifo Business Climate News Event – a possible $180 movement on NZDUSD

Based on past Germany Ifo Business Climate news events there is a 80% chance of NZDUSD trending upwards. We expect this to happen because the released value is > 87. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

25 Aug 08:00
23 May 08:00
22 Feb 09:00
25 Jan 09:00