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EURUSD could trend downwards today with a 75% chance.

Based on the last 12 Unemployment Rate events in Australia, EURUSD could trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 3.8% Historical events that allowed us to draw this conclusion

20 Jan 00:30
16 Dec 00:30
16 Sep 01:30
19 Aug 01:30
15 Jul 01:30
17 Jun 01:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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A possible $1,411.92 movement on OJ within 48 hours following the event release at 16 Jun 01:30.

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RTY may be ready to trend downwards today with a 75% chance.

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