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We expect AUDUSD to trend downwards for the next 2 hours.

Based on the last 12 Non Farm Payrolls events in United States, AUDUSD could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 2 hours because the released value is > 200K.

Historical events that allowed us to draw this conclusion

08 Mar 13:30
02 Feb 13:30
08 Dec 13:30
06 Oct 12:30
01 Sep 12:30
02 Jun 12:30

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

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