Based on the last 12 Unemployment Rate events in Euro Area, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards 12 hours following the event release at 31 Mar 20:00 if the released value is < 6.7%. A price movement of 80 pips is expected. Historical events that allowed us to draw this conclusion

30 Jul 19:00	01 Jul 19:00
01 Jun 19:00	30 Apr 19:00

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