Based on the last 12 ADP Employment Change events in US, we expect a $170 movement on AUDUSD within the next 4 hours.
We expect AUDUSD to trend down for 4 hours because the released value is > 189K
Historical events that allowed us to draw this conclusion
03 Oct 12:15 |
01 Aug 12:15 |
02 May 12:15 |
07 Mar 13:15 |
31 Jan 13:15 |
06 Dec 13:15 |
01 Nov 12:15 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
