Australia Unemployment Rate News Event – a $170 opportunity on EURUSD

Past performance is not an indicator of future results.
We expect a $170 movement on EURUSD within the next 4 hours. We expect EURUSD to trend upwards 4 hours following the Unemployment Rate events in Australia release because the released value is < 5%. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jan 00:30

15 Nov 00:30

16 Aug 02:30

14 Jun 02:30

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

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