We expect a $720 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Non Farm Payrolls events in United States release because the released value is > 200K. A price movement of 72 pips is expected.
Historical events that allowed us to draw this conclusion
04 Oct 12:30 |
05 Jul 12:30 |
07 Jun 12:30 |
05 Apr 12:30 |
08 Mar 13:30 |
02 Feb 13:30 |
08 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
