Based on past Australia Unemployment Rate news events there is a 71.43% chance of EURUSD trending upwards. We expect this to happen because the released value is < 3.4%. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion
14 Jul 01:30 |
17 Mar 00:30 |
20 Jan 00:30 |
16 Dec 00:30 |
14 Oct 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
