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CA Unemployment Rate News Event – a $340 opportunity on AUDUSD

CA Unemployment Rate News Event – a $340 opportunity on AUDUSD

We expect a $340 movement on AUDUSD within the next 4 hours.
We expect AUDUSD to trend up 4 hours following the Unemployment Rate events in CA release because the released value is < 5.9%. A price movement of 34 pips is expected. Historical events that allowed us to draw this conclusion

09 Mar 13:30
 
05 Jan 13:30
 
01 Dec 13:30
 

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

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