Based on the last 12 Unemployment Rate events in Australia, EURUSD could trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 3.8% Historical events that allowed us to draw this conclusion
20 Jan 00:30 |
16 Dec 00:30 |
16 Sep 01:30 |
19 Aug 01:30 |
15 Jul 01:30 |
17 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).