We expect a $179 movement on DX within the next 48 hours. We expect DX to trend upwards 48 hours following the Unemployment Rate events in Australia release because the released value is < 3.4%. A price movement of 159 pips is expected. Historical events that allowed us to draw this conclusion
18 Aug 01:30 |
20 Jan 00:30 |
16 Dec 00:30 |
14 Oct 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
