United States Adp Employment Change News Event – a possible $840 movement on AUDUSD

Based on the last 12 Adp Employment Change events in United States, we expect a $840 movement on AUDUSD within 48 hours following the event release at 05 May 22:15. We expect AUDUSD to trend upwards 48 hours following the event release at 05 May 22:15 if the released value is > 800K

Historical events that allowed us to draw this conclusion

30 Sep 22:15
03 Jun 22:15

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