Based on past Australia Unemployment Rate news events there is a 66.67% chance of LE trending downwards. We expect this to happen because the released value is > 3.4%. A price movement of 398 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jun 01:30 |
14 Apr 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
