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We could see a 80 pip movement on AUDUSD within 48 hours following this event release.

Based on the last 12 Unemployment Rate events in Euro Area, we may see a 80 pip movement on AUDUSD within 48 hours following the event release at 30 Jun 09:00 UTC. AUDUSD may trend upwards 48 hours following the event release at 30 Jun 09:00 UTC if the released value is = 6.8%

Historical events that allowed us to draw this conclusion

01 Jun 09:00
10 Jan 10:00
30 Sep 09:00
01 Sep 09:00

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

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Maybe a $721.83 movement on USDCHF within the next 48 hours.

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