Based on the last 12 GDP Growth Rate QoQ events in Canada, we could see a $240 movement on AUDUSD within the next 12 hours. We may see AUDUSD trend upwards for 12 hours because the released value is < 1.4% Historical events that allowed us to draw this conclusion
01 Jun 12:30 |
01 Dec 13:30 |
31 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
