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We expect AUDUSD to trend downwards later today. Based on these past Canada Employment Change news events there is a 75% chance of this. We expect this to happen if the released value is < 156.6K. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion
04 Sep 22:30![]() |
07 Dec 00:30![]() |
09 Nov 00:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).