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We expect AUDUSD to trend upwards today with a 66.67% chance.

Based on the last 12 Unemployment Change events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 01 Feb 08:55 if the released value is < -6K. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

04 Jan 08:55
30 Nov 08:55
29 Jul 07:55
31 Mar 07:55
29 Jan 08:55
05 Jan 08:55

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

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