Based on the last 12 Unemployment Change events in DE, we expect NZDUSD to trend up right now. Based on these past events there is a 83.3% of this.
We expect NZDUSD to trend up for the next 4 hours because the released value is < -5K. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
01 Mar 08:55 |
04 Jan 08:55 |
29 Nov 08:55 |
28 Sep 07:55 |
30 May 07:55 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
