AUDUSD may trend downwards from 09 Oct 23:30

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”).