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We expect ZW to trend downwards with a 75% chance.

Based on past France Unemployment Rate news events there is a 75% chance of ZW trending downwards. We expect this to happen because the released value is > 7.3%. A price movement of 1387 pips is expected.

Historical events that allowed us to draw this conclusion

19 Nov 06:30
13 Aug 05:30
10 Nov 06:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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