We could see a $1,080 movement on AUDUSD within the next 48 hours. AUDUSD could trend downwards 48 hours following the ECB Interest Rate Decision events in Euro Area release because the released value is = 0%. We may experience a price movement of 108 pips.
Historical events that allowed us to draw this conclusion
14 Apr 11:45 |
10 Mar 12:45 |
03 Feb 12:45 |
16 Dec 12:45 |
28 Oct 11:45 |
09 Sep 11:45 |
22 Jul 11:45 |
10 Jun 11:45 |
11 Mar 12:45 |
21 Jan 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
