United States Non Farm Payrolls News Event – a possible $420 movement on AUDUSD

Based on the last 12 Non Farm Payrolls events in United States, we expect a $420 movement on AUDUSD within 2 hours following the event release at 07 Feb 13:30. We expect AUDUSD to trend downwards 2 hours following the event release at 07 Feb 13:30 if the released value is > 160K

Historical events that allowed us to draw this conclusion

06 Dec 13:30
05 Jul 12:30
05 Apr 12:30
01 Feb 13:30