United States Unemployment Rate News Event – a $70 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $70 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards 12 hours following the Unemployment Rate events in United States release because the released value is < 3.9%. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jun 13:30
04 May 13:30

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