32 pip movement on AUDUSD expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 32 pip movement on AUDUSD within 4 hours following the event release at 2023-05-04 22:30. We expect AUDUSD to trend downwards 4 hours following the event release at 2023-05-04 22:30 if the released value is < 1865K Historical events that allowed us to draw this conclusion

27 Apr 22:30
16 Mar 23:30
03 Mar 00:30
24 Feb 00:30

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