Based on past United Kingdom Unemployment Rate news events there is a 66.67% chance of NZDUSD trending downwards. We expect this to happen because the released value is = 3.8%. A price movement of 20 pips is expected.
Historical events that allowed us to draw this conclusion
16 Aug 06:00 |
12 Apr 06:00 |
14 Dec 07:00 |
12 Oct 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
