If the released value is < 2.6% for the Unemployment Rate event, we could see a $200 movement on AUDUSD within 4 hours following the release at 30 May 23:30. This movement may form an downwards trend for 4 hours following the event release at 30 May 23:30. Historical events that allowed us to draw this conclusion
28 Mar 23:30 |
29 Nov 23:30 |
30 Sep 23:30 |
30 Aug 23:30 |
29 Jul 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
