Based on past Australia Unemployment Rate news events there is a 71.43% chance of NZDUSD trending downwards. We expect this to happen because the released value is < 3.8%. A price movement of 90 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 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).