Based on the last 12 Durable Goods Orders MoM events in United States, AUDUSD could trend downwards later today. Based on these past events there is a 71.43% chance of this. If the released value is < 0.6% we could see AUDUSD trend downwards 48 hours following the event release at 25 May 12:30. Historical events that allowed us to draw this conclusion
26 Apr 12:30 |
27 Jan 13:30 |
24 Nov 13:30 |
27 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
