We expect a $110 movement on NZDUSD within 2 hours following the release of Unemployment Rate at 10 Jan 10:00. We expect NZDUSD to trend downwards 2 hours following the event release at 10 Jan 10:00 if the released value is = 7.2%. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
02 Dec 10:00 |
30 Sep 09:00 |
01 Sep 09:00 |
01 Feb 10:00 |