72 pip movement on NZDUSD expected

Based on the last 12 Unemployment Rate events in Euro Area, we expect a 72 pip movement on NZDUSD for the next 48 hours. We expect NZDUSD to trend upwards for 48 hours because the released value is = 7.5%

Historical events that allowed us to draw this conclusion

01 Sep 19:00
01 Feb 21:00
30 Oct 21:00
01 Oct 19:00

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