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We expect a $680 movement on NZDUSD within 48 hours following the event release at 30 Sep 07:55.

Based on the last 12 Unemployment Change events in Germany, we expect a $680 movement on NZDUSD within 48 hours following the event release at 30 Sep 07:55. We expect NZDUSD to trend downwards 48 hours following the event release at 30 Sep 07:55 if the released value is < 5K Historical events that allowed us to draw this conclusion

31 Jul 07:55
30 Apr 07:55
01 Mar 08:55
28 Sep 07:55

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

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