Based on the last 12 Unemployment Rate events in United States, we expect a $70 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards for the next 2 hours because the released value is > 3.6%
Historical events that allowed us to draw this conclusion
01 Feb 13:30 |
07 Sep 12:30 |
06 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
