We expect NZDUSD to trend downwards for the next 48 hours.

Based on the last 12 Unemployment Rate events in France, we expect NZDUSD to trend downwards for the next 48 hours. Based on these past events there is a 71.43% chance of this. This will happen because the released value is < 8.7% Historical events that allowed us to draw this conclusion

16 May 05:30

20 Nov 06:30

14 Aug 05:30

18 Aug 05:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).