We expect a $690 movement on AUDUSD within 48 hours following the release of Continuing Jobless Claims.

We expect a $690 movement on AUDUSD within 48 hours following the release of Continuing Jobless Claims at 17 Oct 12:30. We expect AUDUSD to trend downwards 48 hours following the event release at 17 Oct 12:30 if the released value is > 1682K. A price movement of 69 pips is expected.

Historical events that allowed us to draw this conclusion

10 Oct 12:30

15 Aug 12:30

01 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).