Euro Area Unemployment Rate News Event – a $110 opportunity on NZDUSD

We expect a $110 movement on NZDUSD within 2 hours following the release of Unemployment Rate at 10 Jan 10:00. We expect NZDUSD to trend downwards 2 hours following the event release at 10 Jan 10:00 if the released value is = 7.2%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

02 Dec 10:00
30 Sep 09:00
01 Sep 09:00
01 Feb 10:00