
What to trade around Germany Balance of Trade news event
Based on the last 12 Balance of Trade events in Germany, we expect NZDUSD to trend downwards right now. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend downwards for the next 2 hours because the released value is > €12.5B. A price movement of 16 pips is expected.Historical events that allowed…