Euro Area Unemployment Rate News Event – a possible $100 movement on NZDUSD

Based on the last 12 Unemployment Rate events in Euro Area, we expect a $100 movement on NZDUSD within 2 hours following the event release at 01 Jul 09:00. We expect NZDUSD to trend downwards 2 hours following the event release at 01 Jul 09:00 if the released value is < 8% Historical events that allowed us to draw this conclusion

01 Jun 09:00
30 Apr 09:00
04 Mar 10:00
01 Sep 09:00
02 Jul 09:00