We expect AUDUSD to trend downwards later today. Based on these past United States Non Farm Payrolls news events there is a 66.67% chance of this. We expect this to happen if the released value is > 145K. A price movement of 34 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jul 12:30 |
05 Apr 12:30 |
01 Feb 13:30 |
02 Nov 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
