Euro Area Unemployment Rate News Event – a $50 opportunity on NZDUSD
We expect a $50 movement on NZDUSD within 2 hours following the release of Unemployment Rate at 02 Jul 09:00. We expect NZDUSD to trend upwards 2 hours following the event release at 02 Jul 09:00 if the released value is < 7.7%. A price movement of 5 pips is expected.Historical events that allowed us to draw this conclusion03 Jun…