24 pip movement on AUDUSD expected

Past performance is not an indicator of future results.
Based on the last 12 Employment Change events in Australia, we expect a 24 pip movement on AUDUSD for the next 12 hours. We expect AUDUSD to trend upwards for 12 hours because the released value is > 16.5K

Historical events that allowed us to draw this conclusion

20 Dec 00:30

15 Nov 00:30

13 Sep 02:30

15 Feb 00:30

18 Jan 00:30

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

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