9 pip movement on NZDUSD expected

Based on the last 12 Employment Change events in Australia, we expect a 9 pip movement on NZDUSD within 2 hours following the event release at 19 Nov 00:30 UTC. We expect NZDUSD to trend downwards 2 hours following the event release at 19 Nov 00:30 UTC if the released value is < -30K Historical events that allowed us to draw this conclusion

14 May 01:30
14 Nov 00:30