94 pip movement on AUDUSD expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 94 pip movement on AUDUSD for the next 48 hours. We expect AUDUSD to trend downwards for 48 hours because the released value is < 2780K Historical events that allowed us to draw this conclusion

16 Sep 22:30
12 Aug 22:30
05 Aug 22:30
15 Jul 22:30

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