Based on the last 12 Employment Change events in Australia, we expect a 2,150 pip movement on YM within 4 hours following the event release at 14 May 01:30 UTC. We expect YM to trend upwards 4 hours following the event release at 14 May 01:30 UTC if the released value is < -575K Historical events that allowed us to draw this conclusion
14 Nov 00:30 |
17 Oct 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).