Germany Unemployment Rate News Event – a $440 opportunity on AUDUSD

We expect a $440 movement on AUDUSD within 12 hours following the release of Unemployment Rate at 30 Apr 17:55. We expect AUDUSD to trend downwards 12 hours following the event release at 30 Apr 17:55 if the released value is = 5.2%. A price movement of 44 pips is expected.

Historical events that allowed us to draw this conclusion

28 Feb 19:55
30 Jan 19:55
29 Nov 19:55
30 Sep 17:55
29 Aug 17:55
31 Jul 17:55
01 Jul 17:55

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