Based on past Euro Area Unemployment Rate news events there is a 80% chance of AUDUSD trending upwards. We expect this to happen because the released value is = 7.4%. A price movement of 88 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 19:00	01 Sep 19:00
02 Dec 21:00	30 Oct 21:00

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