United States Continuing Jobless Claims News Event – a possible $550 movement on AUDUSD

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $550 movement on AUDUSD within the next 48 hours. We expect AUDUSD to trend upwards for 48 hours because the released value is < 5915K Historical events that allowed us to draw this conclusion

20 Nov 00:30
13 Nov 00:30
22 Oct 23:30
15 Oct 23:30
08 Oct 23:30

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