What to trade around Germany Unemployment Change news event

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Change events in Germany, we expect NZDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards for the next 2 hours because the released value is < -5K. A price movement of 8 pips is expected.

Historical events that allowed us to draw this conclusion

29 Nov 08:55

29 Jun 08:55

29 Mar 08:55

28 Feb 08:55

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

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