Based on the last 12 Unemployment Rate events in Australia, we expect AUDUSD to trend downwards later today. Based on these past events there is a 90% chance of this. We expect AUDUSD to trend downwards 48 hours following the event release at 17 Mar 11:30 if the released value is < 4.1%. A price movement of 117 pips is expected. Historical events that allowed us to draw this conclusion

20 Jan 11:30	16 Dec 11:30
16 Sep 11:30	19 Aug 11:30
15 Jul 11:30	17 Jun 11:30
20 May 11:30	15 Apr 11:30
18 Mar 11:30

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