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We could expect AUDUSD to trend downwards right now.

Based on the last 12 Unemployment Rate events in France, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 85.71% chance of this. We made this conclusion because because the released value is < 7.4%. A price movement of 51 pips may be experienced. Historical events that allowed us to draw this conclusion

18 Feb 06:30
16 Feb 06:30
13 Aug 05:30
14 May 05:30
14 Aug 05:30
16 May 05:30

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

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A possible $11.36 movement on ZR within 48 hours following the event release at 17 May 05:30.

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