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We expect a 31 pip movement on AUDUSD within 2 hours following the event release.

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $310 movement on AUDUSD within 2 hours following the event release at 2023-03-09 13:30. We expect AUDUSD to trend downwards 2 hours following the event release at 2023-03-09 13:30 if the released value is > 1659K

Historical events that allowed us to draw this conclusion

16 Feb 13:30
09 Feb 13:30
26 Jan 13:30

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

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