What to trade around Australia Employment Change news event

Past performance is not an indicator of future results.
Based on the last 12 Employment Change events in Australia, we expect AUDUSD to trend upwards right now. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend upwards for the next 2 hours because the released value is > 15K. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

15 Nov 00:30

13 Sep 02:30

19 Jul 02:30

17 May 02:30

15 Feb 00:30

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

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