Based on the last 12 Unemployment Rate events in France, we expect a 12 pip movement on NZDUSD for the next 2 hours. We expect NZDUSD to trend upwards for 2 hours because the released value is < 9.2%
Historical events that allowed us to draw this conclusion
15 Feb 06:30 |
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18 May 06:30 |
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18 Aug 06:30 |
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19 May 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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