Australia Unemployment Rate News Event – a $108.36 opportunity on USDJPY

Past performance is not an indicator of future results.
We expect a $108.36 movement on USDJPY within the next 4 hours. We expect USDJPY to trend downwards 4 hours following the Unemployment Rate events in Australia release because the released value is < 5%. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jan 00:30
15 Nov 00:30
18 Oct 01:30
14 Jun 02:30

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