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We expect NZDUSD to trend downwards today with a 72.73% chance.

Based on the last 12 Unemployment Rate events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 72.73% chance of this. This may happen if the released value is < 4.5% Historical events that allowed us to draw this conclusion

16 Dec 00:30
16 Sep 01:30
19 Aug 01:30
15 Jul 01:30
17 Jun 01:30
20 May 01:30
15 Apr 01:30
18 Mar 00:30
21 Jan 00:30

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

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