Based on past Australia GDP Growth Rate QoQ news events there is a 66.67% chance of ES trending upwards. We expect this to happen if the released value is < -6%. A price movement of 3,162 pips is expected. Historical events that allowed us to draw this conclusion
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05 Jun 01:30 |
06 Mar 00:30 |
05 Dec 00:30 |
07 Mar 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
