We expect a $1,470 movement on AUDUSD within 48 hours following the release of Adp Employment Change at 04 Dec 13:15. We expect AUDUSD to trend upwards 48 hours following the event release at 04 Dec 13:15 if the released value is > 140K. A price movement of 147 pips is expected.
Historical events that allowed us to draw this conclusion
30 Oct 12:15 |
05 Sep 12:15 |
30 Jan 13:15 |
03 Jan 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).