Based on past Euro Area Unemployment Rate news events there is a 80% chance of NZDUSD trending downwards. We expect this to happen because the released value is = 7.4%. A price movement of 49 pips is expected.

Historical events that allowed us to draw this conclusion

09 Jan 21:00	29 Nov 21:00
31 Jul 19:00	01 Apr 20:00

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