Based on the last 12 Personal Income MoM events in United States, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 80% chance of this. We made this conclusion because the released value is = 0.5%. A price movement of 31 pips may be experienced.
Historical events that allowed us to draw this conclusion
26 Jan 13:30 |
30 Nov 13:30 |
29 Sep 12:30 |
26 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
