Based on the last 12 Employment Change events in Australia, we expect AUDUSD to trend downwards later today. Based on these past events there is a 70% chance of this. This may happen if the released value is > 50K

Historical events that allowed us to draw this conclusion

19 Nov 11:30	15 Oct 11:30
17 Sep 11:30	13 Aug 11:30
16 Jul 11:30	19 Mar 11:30
20 Feb 11:30

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