Based on past Australia Employment Change news events there is a 83.33% chance of S trending upwards. We expect this to happen if the released value is < 25K. A price movement of 1412 pips is expected. Historical events that allowed us to draw this conclusion
19 Jan 00:30 |
20 Oct 00:30 |
18 Aug 01:30 |
19 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
