Based on the last 12 Continuing Jobless Claims events in United States, we expect a $70 movement on NZDUSD within 4 hours following the event release at 11 Jul 12:30. We expect NZDUSD to trend upwards 4 hours following the event release at 11 Jul 12:30 if the released value is > 1685K
Historical events that allowed us to draw this conclusion
03 Jul 12:30 |
27 Jun 12:30 |
13 Jun 12:30 |
09 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
