Based on past Australia Employment Change news events there is a 66.67% chance of EURUSD trending downwards. We expect this to happen if the released value is > 40K. A price movement of 37 pips is expected.

Historical events that allowed us to draw this conclusion

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”).