Canada Unemployment Rate News Event – a $190 opportunity on AUDUSD

Past performance is not an indicator of future results.
We expect a $190 movement on AUDUSD within 12 hours following the release of Unemployment Rate at 05 Apr 13:30. We expect AUDUSD to trend downwards 12 hours following the event release at 05 Apr 13:30 if the released value is < 5.8%. A price movement of 19 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 13:30

02 Nov 12:30

10 Aug 13:30

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

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