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There is a 75% chance of AUDUSD trending downwards

Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect a $180 movement on AUDUSD within 2 hours following the event release at 2024-05-15 23:50. We expect AUDUSD to trend downwards 2 hours following the event release at 2024-05-15 23:50 if the released value is < -0.4% Historical events that allowed us to draw this conclusion

14 Feb 23:50
14 Nov 23:50
13 Feb 23:50
14 Nov 23:50
14 Aug 23:50
14 Feb 23:50

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

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