France Unemployment Rate News Event – a $610 opportunity on NZDUSD

Based on the last 12 Unemployment Rate events in France, we expect a $610 movement on NZDUSD within 48 hours following the event release at 2023-02-14 17:30. We expect NZDUSD to trend downwards 48 hours following the event release at 2023-02-14 17:30 if the released value is < 7.3% Historical events that allowed us to draw this conclusion

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

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