NZDUSD may trend downwards from 14 Apr 11:30

We expect NZDUSD to trend downwards later today. Based on these past Australia Unemployment Rate news events there is a 70% chance of this. We expect this to happen if the released value is < 3.9%. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

20 Jan 11:30
16 Dec 11:30
16 Sep 11:30
19 Aug 11:30
15 Jul 11:30
20 May 11:30
15 Apr 11:30

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