We expect a $280 movement on NZDUSD within 12 hours following the release of Unemployment Rate at 30 Jul 23:30. We expect NZDUSD to trend upwards 12 hours following the event release at 30 Jul 23:30 if the released value is > 3.1%. A price movement of 28 pips is expected.
Historical events that allowed us to draw this conclusion
|31 Oct 23:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).