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AUDUSD could trend downwards for the next 2 hours.

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”).

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US Treasury Bond JUNE 2022 has broken through a support line. It has touched this line numerous times in the last 15 days.

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