We expect AUDUSD to trend downwards later today. Based on these past United States Unemployment Rate news events there is a 75% chance of this. We expect this to happen if the released value is > 3.7%. A price movement of 20 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jul 12:30 |
01 Feb 13:30 |
07 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
