83.3% probability that NZDUSD will trend higher on Friday at 7:30am EST if the US Employment Situation number is higher than economists’ expectations

This Friday at 7:30am EST the US government will release their latest Employment Situation number. If the number is larger than the economist consensus there is a 83.3% probability that NZD/USD will trend higher for 4 hours following the news event.

This probability is based on the last 12 Employment Situation events, in which 5 of the last 6 events where the actual number was larger than the economist consensus resulted in appreciation of the New Zealand dollar. Here are images of the past events:

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Disclaimer: Past performance may not be indicative of future performance