Based on the last 12 Unemployment Rate events in CA, we expect a $100 movement on AUDUSD within 2 hours following the event release at 02 Nov 12:30.
We expect AUDUSD to trend down 2 hours following the event release at 02 Nov 12:30 if the released value is > 5.9%
Historical events that allowed us to draw this conclusion
07 Sep 12:30 |
06 Jul 12:30 |
03 Nov 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
