Based on the last 12 Non Farm Payrolls events in United States, we expect NZDUSD to trend downwards. Based on these past events there is a 87.5% chance of this. We expect NZDUSD to trend downwards for 48 hours because the released value is > 600K. A price movement of 34 pips is expected.

Historical events that allowed us to draw this conclusion

07 Aug 22:30	05 Jun 22:30
08 May 22:30	07 Mar 00:30
08 Feb 00:30	07 Dec 00:30
01 Nov 23:30

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