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NZDUSD will trend down from 30 Apr 09:00

NZDUSD will trend down from 30 Apr 09:00

We expect NZDUSD to trend down later today. Based on these past EMU Unemployment Rate news events there is a 71.4% of this.
We expect this to happen if the released value is = 7.8%. A price movement of 5 pips is expected.

Historical events that allowed us to draw this conclusion

01 Apr 09:00
 
01 Oct 09:00
 
31 Aug 09:00
 
31 Jul 09:00
 
02 May 09:00
 

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

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