Based on the last 12 Unemployment Rate events in United Kingdom, we could see a 75 pip movement on AUDUSD for the next 48 hours. AUDUSD could trend upwards for 48 hours because the released value is = 4.4%
Historical events that allowed us to draw this conclusion
14 May 06:00 |
12 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
