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We expect a $380 movement on NZDUSD within the next 12 hours.

Based on past United States JOLTs Job Openings news events there is a 85.71% chance of NZDUSD trending upwards. We expect this to happen because the released value is < 8.34M. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion

01 May 14:00
06 Mar 15:00
03 Jan 15:00
05 Dec 15:00
29 Aug 14:00
06 Jul 14:00

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

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FRA40 broke through a resistance at 2024-06-04T14:30:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 8005.2564.

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