Based on the last 12 Unemployment Rate events in US, we expect a $50 movement on NZDUSD within the next 2 hours.
We expect NZDUSD to trend down for the next 2 hours because the released value is < 3.8%
Historical events that allowed us to draw this conclusion
05 Oct 12:30 |
01 Jun 12:30 |
04 May 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
