Based on the last 12 Unemployment Rate events in Australia, we expect a $240 movement on NZDUSD within 4 hours following the event release at 14 Oct 11:30. We expect NZDUSD to trend downwards 4 hours following the event release at 14 Oct 11:30 if the released value is < 4.8% Historical events that allowed us to draw this conclusion
16 Sep 11:30 |
19 Aug 11:30 |
15 Jul 11:30 |
17 Jun 11:30 |
15 Apr 11:30 |
18 Mar 11:30 |
18 Feb 11:30 |
19 Nov 11:30 |
15 Oct 11:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).