Based on the last 12 Unemployment Rate events in Australia, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards 12 hours following the event release at 2022-11-17 11:30 if the released value is < 3.6%. A price movement of 46 pips is expected. Historical events that allowed us to draw this conclusion

18 Aug 11:30	17 Mar 11:30
20 Jan 11:30	16 Dec 11:30

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