Based on the last 12 Non Farm Payrolls events in United States, we could see a $720 movement on AUDUSD within the next 2 hours. We may see AUDUSD trend downwards for 2 hours because the released value is > 185K
Historical events that allowed us to draw this conclusion
05 Apr 12:30 |
08 Mar 13:30 |
02 Feb 13:30 |
08 Dec 13:30 |
06 Oct 12:30 |
01 Sep 12:30 |
02 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
