Based on the last 12 Unemployment Rate events in Euro Area, we may see a 80 pip movement on AUDUSD within 48 hours following the event release at 30 Jun 09:00 UTC. AUDUSD may trend upwards 48 hours following the event release at 30 Jun 09:00 UTC if the released value is = 6.8%
Historical events that allowed us to draw this conclusion
01 Jun 09:00 |
10 Jan 10:00 |
30 Sep 09:00 |
01 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
