Australia Unemployment Rate News Event – a $170 opportunity on NZDUSD

We expect NZDUSD to trend downwards for the next 2 hours. Based on these past Australia Unemployment Rate news events there is a 71.43% chance of this. We expect this to happen because the released value is < 3.8%. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

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