Based on the last 12 Employment Change events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 87.5% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 19 Aug 01:30 if the released value is > -46.2K. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jun 01:30 |
15 Apr 01:30 |
18 Mar 00:30 |
19 Nov 00:30 |
15 Oct 00:30 |
17 Sep 01:30 |
13 Aug 01:30 |