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We expect AUDUSD to trend upwards right now.

Based on the last 12 Non Farm Payrolls events in United States, we expect AUDUSD to trend upwards right now. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards for the next 12 hours because the released value is > 150K. A price movement of 41 pips is expected.

Historical events that allowed us to draw this conclusion

05 Nov 12:30
02 Jul 12:30
02 Apr 12:30
05 Mar 13:30

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

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AUS200 is approaching the support line of a Support. It has touched this line numerous times in the last 4 days.

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