Based on the last 12 Unemployment Rate events in DE, we expect a $110 movement on AUDUSD within the next 4 hours.
We expect AUDUSD to trend up for 4 hours because the released value is = 4.9%
Historical events that allowed us to draw this conclusion
29 Mar 08:55 |
01 Mar 08:55 |
31 Jan 08:55 |
04 Jan 08:55 |
30 Oct 08:55 |
30 Aug 07:55 |
31 Jul 07:55 |
27 Apr 07:55 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)