We expect a $450 movement on NZDUSD within the next 4 hours.

We expect a $450 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards 4 hours following the Continuing Jobless Claims events in United States release because the released value is < 1345K. A price movement of 45 pips is expected. Historical events that allowed us to draw this conclusion

22 Sep 12:30

15 Sep 12:30

25 Aug 12:30

18 Aug 12:30

28 Jul 12:30

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