We expect a $320 movement on NZDUSD within 4 hours following the release of Adp Employment Change at 2022-10-05 12:15. We expect NZDUSD to trend upwards 4 hours following the event release at 2022-10-05 12:15 if the released value is > 200K. A price movement of 32 pips is expected.
Historical events that allowed us to draw this conclusion
31 Aug 12:15 |
02 Mar 13:15 |
05 Jan 13:15 |
03 Nov 12:15 |
06 Oct 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).