We expect a $260 movement on NZDUSD within 12 hours following the release of Adp Employment Change at 07 Jan 00:15. We expect NZDUSD to trend upwards 12 hours following the event release at 07 Jan 00:15 if the released value is < 88K. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion

03 Dec 00:15	05 Nov 00:15
02 Sep 22:15	01 Jul 22:15

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