AUDUSD may trend downwards right now

We expect AUDUSD to trend downwards for the next 12 hours. Based on these past United Kingdom Claimant Count Change news events there is a 66.67% chance of this. We expect this to happen because the released value is > -120K. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

23 Mar 18:00
11 Aug 16:00

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