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There is a 75% chance of AUDUSD trending downwards

We expect a $350 movement on AUDUSD within the next 4 hours. We expect AUDUSD to trend downwards 4 hours following the Non Farm Payrolls events in United States release because the released value is > 250K. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

02 Sep 12:30
05 Aug 12:30
03 Jun 12:30
06 May 12:30
04 Feb 13:30
05 Nov 12:30

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

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