Based on the last 12 Unemployment Rate events in Canada, AUDUSD could experience an upwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 2 hours because the released value is < 5.9%. Historical events that allowed us to draw this conclusion
05 Jan 13:30 |
08 Sep 12:30 |
05 May 12:30 |
10 Mar 13:30 |
10 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
