We expect a $250 movement on NZDUSD within the next 12 hours.

We expect a $250 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards 12 hours following the Non Farm Payrolls events in United States release because the released value is > 89K. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

05 Jul 12:30

03 May 12:30

05 Apr 12:30

01 Feb 13:30

02 Nov 12:30

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