Based on the last 12 Unemployment Rate events in Euro Area, we expect a $60 movement on AUDUSD within 2 hours following the event release at 01 Feb 10:00. We expect AUDUSD to trend upwards 2 hours following the event release at 01 Feb 10:00 if the released value is = 8.3%
Historical events that allowed us to draw this conclusion
30 Oct 10:00 |
01 Oct 09:00 |
03 Mar 10:00 |