Based on the last 12 Employment Change events in CA, we expect NZDUSD to trend up for the next 2 hours. Based on these past events there is a 83.3% of this.
This will happen because the released value is > 25K
Historical events that allowed us to draw this conclusion
10 Aug 12:30 |
06 Jul 12:30 |
06 Apr 12:30 |
05 Jan 13:30 |
01 Dec 13:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
