Germany GDP Growth Rate QoQ Flash News Event – a $390 opportunity on NZDUSD

We expect a $390 movement on NZDUSD within 2 hours following the release of GDP Growth Rate QoQ Flash at 14 Feb 07:00. We expect NZDUSD to trend downwards 2 hours following the event release at 14 Feb 07:00 if the released value is < 0.1%. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

14 Feb 07:00
14 Nov 07:00
15 Aug 06:00
12 May 06:00
14 Feb 07:00