We expect NZDUSD to trend upwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of this. We expect this to happen if the released value is > 73. A price movement of 60 pips is expected.

Historical events that allowed us to draw this conclusion

19 May 19:00	10 Dec 21:00
12 Nov 21:00	15 Oct 20:00

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