United States Non Farm Payrolls News Event – a $270 opportunity on NZDUSD

We expect a $270 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Non Farm Payrolls events in United States release because the released value is > 300K. A price movement of 27 pips is expected.

Historical events that allowed us to draw this conclusion

05 Aug 22:30
03 Jun 22:30
06 May 22:30
05 Mar 00:30
05 Feb 00:30
05 Nov 23:30

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