Trade with an edge around todays Germany ZEW Economic Sentiment Index news event

Based on past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of NZDUSD trending downwards. We expect this to happen because the released value is < 30. A price movement of 73 pips is expected. Historical events that allowed us to draw this conclusion

06 Jul 19:00
08 Jun 19:00
10 Nov 21:00
13 Oct 20:00

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