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There is a 71.43% chance of NKD trending upwards

Based on past United States Adp Employment Change news events there is a 71.43% chance of NKD trending upwards. We expect this to happen if the released value is < 49K. A price movement of 98,250 pips is expected. Historical events that allowed us to draw this conclusion

06 Jan 13:15
02 Dec 13:15
04 Nov 13:15
01 Jul 12:15
06 May 12:15

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

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