Based on the last 12 Unemployment Rate events in Japan, we expect a 5 pip movement on NZDUSD within 2 hours following the event release at 29 Apr 23:30 UTC. We expect NZDUSD to trend downwards 2 hours following the event release at 29 Apr 23:30 UTC if the released value is = 2.9%

Historical events that allowed us to draw this conclusion

01 Oct 23:30

27 Apr 23:30