Based on the last 12 Ifo Business Climate events in Germany, we expect a $160 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards for 2 hours because the released value is < 100.4 Historical events that allowed us to draw this conclusion

26 Jul 08:00

26 Apr 08:00

25 Jan 09:00

26 Oct 09:00