Based on the last 12 Unemployment Rate events in Japan, we expect a 19 pip movement on NZDUSD within 4 hours following the event release at 2023-03-02 23:30. We expect NZDUSD to trend downwards 4 hours following the event release at 2023-03-02 23:30 if the released value is < 2.5% Historical events that allowed us to draw this conclusion
30 May 23:30 |
28 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
