AUDUSD may trend downwards for the next 2 hours. Based on these past United States Non Farm Payrolls news events there is a 80% chance of this. Our expectation is based on that fact that the released value is > 391K. A price movement of 13 pips could be expected.
Historical events that allowed us to draw this conclusion
04 Mar 13:30 |
04 Feb 13:30 |
05 Nov 12:30 |
06 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
