Based on the last 12 Unemployment Rate events in Australia, we expect a $200 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards for the next 2 hours because the released value is = 5.3%
Historical events that allowed us to draw this conclusion
15 Aug 01:30 |
18 Jul 01:30 |
18 Apr 01:30 |
13 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
