We expect a $90 movement on NZDUSD within 2 hours following the release of Employment Change.

We expect a $90 movement on NZDUSD within 2 hours following the release of Employment Change at 16 Jul 01:30. We expect NZDUSD to trend downwards 2 hours following the event release at 16 Jul 01:30 if the released value is < 112.5K. A price movement of 9 pips is expected.Historical events that allowed us to draw this conclusion

14 May 01:30
14 Nov 00:30
17 Oct 00:30
18 Jul 01:30

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

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