We expect a $340 movement on AUDUSD within the next 4 hours.
We expect AUDUSD to trend up 4 hours following the Unemployment Rate events in CA release because the released value is < 5.9%. A price movement of 34 pips is expected.
Historical events that allowed us to draw this conclusion
09 Mar 13:30 |
05 Jan 13:30 |
01 Dec 13:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
