Germany Unemployment Rate News Event – a $180 opportunity on NZDUSD

We expect a $180 movement on NZDUSD within 2 hours following the release of Unemployment Rate at 30 Nov 19:55. We expect NZDUSD to trend downwards 2 hours following the event release at 30 Nov 19:55 if the released value is = 5.3%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

28 Oct 18:55
30 Jun 17:55
01 Jun 17:55
29 Apr 17:55
05 Jan 19:55

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