We expect a $390 movement on NZDUSD within 12 hours following the release of Unemployment Rate at 18 Feb 17:30. We expect NZDUSD to trend downwards 12 hours following the event release at 18 Feb 17:30 if the released value is < 7.8%. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

16 Feb 17:30	13 Aug 15:30
14 May 15:30	14 Aug 15:30
16 May 15:30

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