
18 pip movement on NZDUSD expected
Based on the last 12 Balance of Trade events in Germany, we expect a 18 pip movement on NZDUSD for the next 2 hours. We expect NZDUSD to trend downwards for 2 hours because the released value is < €14.2BHistorical events that allowed us to draw this conclusion09 Dec 07:0009 Nov 07:0008 Oct 06:0009 Aug 06:0008 Jul 06:0008 Jan 07:00