Based on the last 12 Unemployment Rate events in Australia, we expect PL to trend upwards later today. Based on these past events there is a 75% chance of this. We expect PL to trend upwards 48 hours following the event release at 19 Sep 01:30 if the released value is < 5.3%. A price movement of 2,219 pips is expected. Historical events that allowed us to draw this conclusion
24 Jan 00:30 |
15 Nov 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
