Based on the last 12 Unemployment Rate events in France, a $400 movement on NZDUSD may occur within 12 hours following the event release at 17 May 15:30. NZDUSD could trend downwards 12 hours following the event release at 17 May 15:30 if the released value is > 7.4%

Historical events that allowed us to draw this conclusion

19 Nov 17:30	10 Nov 17:30
14 Nov 17:30

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