Based on the last 12 Employment Change events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 77.78% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 18 Feb 00:30 if the released value is > 40K. A price movement of 138 pips is expected.
Historical events that allowed us to draw this conclusion
19 Nov 00:30 |
15 Oct 00:30 |
17 Sep 01:30 |
13 Aug 01:30 |
16 Apr 01:30 |
19 Mar 00:30 |
20 Feb 00:30 |