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We expect AUDUSD to trend downwards right now.

Based on the last 12 Personal Income MoM events in United States, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 80% chance of this. We made this conclusion because the released value is = 0.5%. A price movement of 31 pips may be experienced.

Historical events that allowed us to draw this conclusion

26 Jan 13:30
30 Nov 13:30
29 Sep 12:30
26 May 12:30

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

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