United States Adp Employment Change News Event – a $160 opportunity on AUDUSD

We expect a $160 movement on AUDUSD within 2 hours following the release of Adp Employment Change at 01 Apr 23:15. We expect AUDUSD to trend upwards 2 hours following the event release at 01 Apr 23:15 if the released value is < -150K. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion

05 Dec 00:15
02 Oct 22:15
03 Jul 22:15
03 Apr 23:15

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