Want to know why AUDUSD is going downwards today?

Based on the last 12 Adp Employment Change events in United States, we expect a $400 movement on AUDUSD within 12 hours following the event release at 05 Nov 00:15. We expect AUDUSD to trend downwards 12 hours following the event release at 05 Nov 00:15 if the released value is < 650K Historical events that allowed us to draw this conclusion

02 Sep 22:15
05 Aug 22:15
06 May 22:15
05 Dec 00:15

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