NZDUSD may trend downwards from 03 Mar 10:00

We expect NZDUSD to trend downwards later today. Based on these past Euro Area Unemployment Rate news events there is a 80% chance of this. We expect this to happen if the released value is = 7.4%. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

09 Jan 10:00
29 Nov 10:00
31 Jul 09:00
01 Apr 09:00