Germany Balance of Trade News Event – a $140 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $140 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards 4 hours following the Balance of Trade events in Germany release because the released value is > €14.4B. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

10 Dec 07:00
08 Jun 07:00
08 May 07:00
09 Mar 07:00

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

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