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CA Employment Change News Event – a possible $80 movement on NZDUSD

CA Employment Change News Event – a possible $80 movement on NZDUSD

Based on the last 12 Employment Change events in CA, we expect a $80 movement on NZDUSD within the next 2 hours.
We expect NZDUSD to trend up for 2 hours because the released value is > 10K

Historical events that allowed us to draw this conclusion

10 Aug 12:30
 
06 Jul 12:30
 
06 Apr 12:30
 
05 Jan 13:30
 
01 Dec 13:30
 

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

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