NZDUSD may trend downwards from 21 Jan 10:00

We expect NZDUSD to trend downwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 87.5% chance of this. We expect this to happen if the released value is > 15. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

10 Dec 10:00
12 Nov 10:00
15 Oct 09:00
17 Sep 09:00
16 Apr 09:00
19 Feb 10:00
22 Jan 10:00