AUDUSD may trend downwards from 08 Feb 00:30

We expect AUDUSD to trend downwards later today. Based on these past United States Non Farm Payrolls news events there is a 83.33% chance of this. We expect this to happen if the released value is > 160K. A price movement of 36 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 00:30
05 Jul 22:30
03 May 22:30
05 Apr 23:30
02 Feb 00:30

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