Want to know why AUDUSD is going upwards today?

Based on the last 12 Unemployment Rate events in Germany, we expect a $80 movement on AUDUSD within 4 hours following the event release at 04 Jan 08:55. We expect AUDUSD to trend upwards 4 hours following the event release at 04 Jan 08:55 if the released value is = 5%

Historical events that allowed us to draw this conclusion

30 Oct 08:55

30 Aug 08:55

31 Jul 08:55

27 Apr 08:55

29 Mar 08:55

28 Feb 08:55

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

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