Based on the last 12 Unemployment Rate events in JP, we expect a 11 pip movement on NZDUSD within 4 hours following the event release at 25 Apr 23:30.
We expect NZDUSD to trend up 4 hours following the event release at 25 Apr 23:30 if the released value is < 2.4%
Historical events that allowed us to draw this conclusion
28 Mar 23:30 |
29 Oct 23:30 |
28 Jun 23:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
