We expect a $390 movement on NZDUSD within 2 hours following the release of Employment Change.

We expect a $390 movement on NZDUSD within 2 hours following the release of Employment Change at 11 Oct 12:30. We expect NZDUSD to trend upwards 2 hours following the event release at 11 Oct 12:30 if the released value is > 10K. A price movement of 39 pips is expected.

Historical events that allowed us to draw this conclusion

06 Sep 12:30

07 Jun 12:30

10 May 12:30

08 Mar 13:30

04 Jan 13:30

02 Nov 12:30

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