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Based on the last 12 Unemployment Rate events in Euro Area, we expect a 80 pip movement on AUDUSD for the next 48 hours. We expect AUDUSD to trend upwards for 48 hours because the released value is = 8.1%
Historical events that allowed us to draw this conclusion
03 Mar 21:00![]() |
09 Jan 21:00![]() |
29 Nov 21:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).