We expect NZDUSD to trend downwards for the next 48 hours. Based on these past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of this. We expect this to happen because the released value is < 73. A price movement of 113 pips is expected. Historical events that allowed us to draw this conclusion

17 Mar 21:00

18 Feb 21:00

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