United States Continuing Jobless Claims News Event – a possible $130 movement on NZDUSD

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $130 movement on NZDUSD within 4 hours following the event release at 02 Sep 22:30. We expect NZDUSD to trend downwards 4 hours following the event release at 02 Sep 22:30 if the released value is < 2775K Historical events that allowed us to draw this conclusion

12 Aug 22:30
05 Aug 22:30
15 Jul 22:30
24 Jun 22:30

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