Based on the last 12 Unemployment Rate events in Germany, we expect NZDUSD to trend upwards right now. Based on these past events there is a 75% chance of this. This will happen because the released value is < 5.1%
Historical events that allowed us to draw this conclusion
28 Sep 08:55 |
30 May 08:55 |
31 Jan 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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