Based on the last 12 Employment Change events in CA, we expect a $80 movement on NZDUSD within 2 hours following the event release at 05 Oct 12:30.
We expect NZDUSD to trend up 2 hours following the event release at 05 Oct 12:30 if the released value is > 25K
Historical events that allowed us to draw this conclusion
10 Aug 12:30 |
06 Jul 12:30 |
06 Apr 12:30 |
05 Jan 13:30 |
01 Dec 13:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
