Based on the last 12 Unemployment Rate events in United Kingdom, we expect a 59 pip movement on NZDUSD within 4 hours following the event release at 2023-06-13 06:00. We expect NZDUSD to trend upwards 4 hours following the event release at 2023-06-13 06:00 if the released value is < 4% Historical events that allowed us to draw this conclusion
11 Oct 06:00 |
13 Sep 06:00 |
19 Jul 06:00 |
17 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
