Based on the last 12 Balance of Trade events in Germany, we expect NZDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards for the next 12 hours because the released value is < €14.2B. A price movement of 55 pips is expected. Historical events that allowed us to draw this conclusion

09 Dec 18:00	09 Nov 18:00
09 Aug 16:00	08 Jul 16:00
09 Feb 18:00	08 Jan 18:00

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