Germany Balance of Trade News Event – a $450 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $450 movement on NZDUSD within 48 hours following the release of Balance of Trade at 08 Apr 07:00. We expect NZDUSD to trend downwards 48 hours following the event release at 08 Apr 07:00 if the released value is < €16.5B. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

08 Feb 07:00
08 Nov 07:00
07 Sep 07:00
07 Aug 07:00
09 Jul 07:00

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