Based on the last 12 Employment Change events in Australia, we expect EURUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend downwards 12 hours following the event release at 18 Jun 11:30 if the released value is < -125K. A price movement of 23 pips is expected. 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”).