Trade with an edge around todays Australia Employment Change news event

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 80% chance of this. This may happen if the released value is > 20K

Historical events that allowed us to draw this conclusion

15 Dec 11:30
17 Nov 11:30
14 Jul 11:30
16 Jun 11:30

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