Based on past Germany Markit Manufacturing PMI Flash news events there is a 66.67% chance of NZDUSD trending upwards. We expect this to happen if the released value is > 56.4. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

23 Nov 19:30	23 Oct 18:30
23 Sep 17:30	21 Aug 17:30
24 Jul 17:30	24 Mar 19:30

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