80 pip movement on AUDUSD expected

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”).