Euro Area Unemployment Rate News Event – a $110 opportunity on NZDUSD
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 conclusion02 Dec…