We expect NZDUSD to trend downwards for the next 2 hours. Based on these past Germany Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is > 6.3%. A price movement of 24 pips is expected.
Historical events that allowed us to draw this conclusion
01 Mar 13:00 |
29 Sep 12:00 |
30 Aug 12:00 |
28 Jul 12:00 |
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