AUDUSD will trend downwards right now

Past performance is not an indicator of future results.
We expect AUDUSD to trend downwards for the next 4 hours. Based on these past Canada Unemployment Rate news events there is a 75% chance of this. We expect this to happen because the released value is = 5.8%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

05 Oct 13:30
11 May 13:30
06 Apr 13:30

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

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