We expect a $400 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards 12 hours following the Unemployment Rate events in France release because the released value is > 7.3%. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

19 Nov 17:30	10 Nov 17:30
14 Nov 17:30

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