We expect a $140 movement on AUDUSD within the next 2 hours.

We expect a $140 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards 2 hours following the Unemployment Rate events in United Kingdom release because the released value is < 4.2%. A price movement of 14 pips is expected. Historical events that allowed us to draw this conclusion

16 Nov 07:00

18 May 06:00

20 Apr 06:00

23 Mar 07:00

26 Jan 07:00

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