Based on the last 12 Unemployment Rate events in Euro Area, we expect AUDUSD to trend downwards right now. Based on these past events there is a 83.33% chance of this. We expect AUDUSD to trend downwards for the next 12 hours because the released value is < 8%. A price movement of 57 pips is expected. Historical events that allowed us to draw this conclusion

30 Apr 19:00	04 Mar 21:00
08 Jan 21:00	01 Sep 19:00
02 Jul 19:00

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