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We expect a $70 movement on AUDUSD within the next 2 hours.

Based on the last 12 Unemployment Rate events in United States, we expect a $70 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards for the next 2 hours because the released value is > 3.6%

Historical events that allowed us to draw this conclusion

01 Feb 13:30
07 Sep 12:30
06 Jul 12:30

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

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