Based on the last 12 Unemployment Rate events in United Kingdom, we could see a 88 pip movement on AUDUSD for the next 12 hours. AUDUSD could trend upwards for 12 hours because the released value is = 4.2%
Historical events that allowed us to draw this conclusion
14 Feb 07:00 |
17 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
