Euro Area Unemployment Rate News Event – a $260 opportunity on NZDUSD

We expect a $260 movement on NZDUSD within 2 hours following the release of Unemployment Rate at 01 Sep 09:00. We expect NZDUSD to trend downwards 2 hours following the event release at 01 Sep 09:00 if the released value is < 8%. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion

02 Jul 09:00