We expect AUDUSD to trend downwards right now.

Based on the last 12 Unemployment Rate events in Germany, we expect AUDUSD to trend downwards right now. Based on these past events there is a 77.78% chance of this. We expect AUDUSD to trend downwards for the next 48 hours because the released value is = 5%. A price movement of 78 pips is expected.

Historical events that allowed us to draw this conclusion

29 Aug 07:55

31 Jul 07:55

30 Apr 07:55

29 Mar 08:55

01 Mar 08:55

31 Jan 08:55

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