We could see a $360 movement on AUDUSD within the next 2 hours. AUDUSD could trend downwards 2 hours following the Unemployment Rate events in Germany release because the released value is = 5%. We may experience a price movement of 36 pips.
Historical events that allowed us to draw this conclusion
30 Nov 08:55 |
30 Jun 07:55 |
01 Jun 07:55 |
29 Apr 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
