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Based on past Australia Employment Change news events there is a 70% chance of AUDUSD trending downwards. We expect this to happen because the released value is > 50K. A price movement of 171 pips is expected.
Historical events that allowed us to draw this conclusion
15 Oct 11:30![]() |
17 Sep 11:30![]() |
13 Aug 11:30![]() |
16 Jul 11:30![]() |
16 Apr 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”).