We expect AUDUSD to trend upwards for the next 2 hours. Based on these past United States Non Farm Payrolls news events there is a 75% chance of this. We expect this to happen because the released value is < 113K. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion
02 Aug 12:30 |
03 May 12:30 |
03 Nov 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
