Trade with an edge around todays Germany Balance of Trade news event

Based on past Germany Balance of Trade news events there is a 70% chance of NZDUSD trending downwards. We expect this to happen if the released value is > € 14B. A price movement of 46 pips is expected.

Historical events that allowed us to draw this conclusion

09 Dec 18:00
08 Nov 18:00
10 Oct 17:00
09 Aug 16:00
08 Jul 16:00
07 Jun 16:00
10 May 16:00

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