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We expect a 8,250 pip movement on NIY within 4 hours following the event release.

Based on the last 12 Adp Employment Change events in United States, we expect a 8,250 pip movement on NIY within 4 hours following the event release at 04 Dec 13:15 UTC. We expect NIY to trend downwards 4 hours following the event release at 04 Dec 13:15 UTC if the released value is > 140K

Historical events that allowed us to draw this conclusion

30 Oct 12:15
31 Jul 12:15
01 May 12:15
03 Jan 13:15

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

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