Based on the last 12 Employment Change events in Australia, we expect a $2,210 movement on EURUSD within 48 hours following the event release at 16 Jul 11:30. We expect EURUSD to trend downwards 48 hours following the event release at 16 Jul 11:30 if the released value is > 112.5K

Historical events that allowed us to draw this conclusion

16 Apr 11:30	19 Mar 11:30
23 Jan 11:30	19 Dec 11:30
19 Sep 11:30	15 Aug 11:30

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