United States Continuing Jobless Claims News Event – a $1,570 opportunity on AUDUSD

We expect a $1,570 movement on AUDUSD within 2 hours following the release of Continuing Jobless Claims at 11 Jun 22:30. We expect AUDUSD to trend upwards 2 hours following the event release at 11 Jun 22:30 if the released value is < 20000K. A price movement of 157 pips is expected. Historical events that allowed us to draw this conclusion

28 May 22:30
14 May 22:30
23 Apr 22:30
16 Apr 22:30
09 Apr 22:30
19 Mar 23:30

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