We expect a $170 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the BoC Interest Rate Decision events in Canada release because the released value is = 3.75%. A price movement of 17 pips is expected.
Historical events that allowed us to draw this conclusion
04 Sep 13:45 |
24 Jul 13:45 |
05 Jun 13:45 |
10 Apr 13:45 |
24 Jan 14:45 |
06 Dec 15:00 |
06 Sep 14:00 |
12 Jul 14:00 |
12 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
