Based on the last 12 Employment Change events in Australia, we expect a 23 pip movement on EURUSD for the next 12 hours. We expect EURUSD to trend downwards for 12 hours because the released value is < -125K Historical events that allowed us to draw this conclusion

14 May 11:30	14 Nov 11:30
18 Jul 11:30

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