Based on the last 12 Unemployment Rate events in Japan, we expect a $140 movement on AUDUSD within 2 hours following the event release at 30 Sep 23:30. We expect AUDUSD to trend upwards 2 hours following the event release at 30 Sep 23:30 if the released value is < 2.3% Historical events that allowed us to draw this conclusion
29 Jul 23:30 |
28 Mar 23:30 |
29 Oct 23:30 |
27 Sep 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
