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We expect NZDUSD to trend downwards right now.

We expect NZDUSD to trend downwards for the next 4 hours. Based on these past Germany Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen because the released value is = 5.5%. A price movement of 41 pips is expected.

Historical events that allowed us to draw this conclusion

29 Jul 07:55
31 May 07:55
31 Mar 07:55
30 Nov 08:55

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

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