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Pre Event Forecast

36 pip movement on NZDUSD expected

We expect a $360 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Unemployment Rate events in Japan release because the released value is < 2.5%. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion

30 May 23:30
25 Apr 23:30
28 Mar 23:30
31 Jan 23:30
29 Nov 23:30