We expect AUDUSD to trend downwards later today. Based on these past Japan Unemployment Rate news events there is a 75% chance of this. We expect this to happen if the released value is > 2.4%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
28 Nov 23:30 |
28 Jul 23:30 |
30 Jun 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
