Based on past Germany Ifo Business Climate news events there is a 75% chance of NZDUSD trending upwards. We expect this to happen if the released value is < 97.8. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

25 Jan 20:00	26 Oct 20:00
24 Apr 18:00

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