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There is a 80% chance of RB trending upwards

Based on past Australia Unemployment Rate news events there is a 80% chance of RB trending upwards. We expect this to happen because the released value is = 5.3%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

19 Sep 01:30
15 Aug 01:30
18 Jul 01:30
18 Apr 01:30
21 Feb 00:30

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

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