United States Continuing Jobless Claims News Event – a possible $990 movement on NZDUSD

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $990 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend upwards for 48 hours because the released value is > 16200K

Historical events that allowed us to draw this conclusion

02 Jul 22:30
18 Jun 22:30
04 Jun 22:30
07 May 22:30

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