United States Adp Employment Change News Event – a possible $390 movement on NZDUSD

Based on the last 12 Adp Employment Change events in United States, we expect a $390 movement on NZDUSD within 12 hours following the event release at 01 Sep 22:15. We expect NZDUSD to trend upwards 12 hours following the event release at 01 Sep 22:15 if the released value is > 613K

Historical events that allowed us to draw this conclusion

30 Jun 22:15
04 Feb 00:15
30 Sep 22:15

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