Based on the last 12 Unemployment Rate events in Australia, we expect KC to trend downwards later today. Based on these past events there is a 80% chance of this. We expect KC to trend downwards 4 hours following the event release at 2022-11-17 00:30 if the released value is < 3.6%. A price movement of 505 pips is expected. Historical events that allowed us to draw this conclusion
14 Jul 01:30 |
17 Mar 00:30 |
20 Jan 00:30 |
16 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
