Based on the last 12 Unemployment Rate events in Germany, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 2023-01-03 08:55 if the released value is < 5.6%. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion
02 Mar 08:55 |
01 Feb 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
