AUDUSD may trend upwards from 14 May 11:30

We expect AUDUSD to trend upwards later today. Based on these past Australia Employment Change news events there is a 66.67% chance of this. We expect this to happen if the released value is < -575K. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

17 Oct 11:30
18 Jul 11:30

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