NZDUSD may trend downwards right now

We expect NZDUSD to trend downwards for the next 4 hours. Based on these past United States Continuing Jobless Claims news events there is a 75% chance of this. We expect this to happen because the released value is > 1688K. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

10 Dec 00:30
25 Nov 00:30
11 Nov 00:30

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