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There is a 66.67% chance of EURUSD trending upwards

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 0.4%

Historical events that allowed us to draw this conclusion

05 Mar 00:30
01 Jun 01:30

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

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We expect a $9364 movement on S within 12 hours following the release of GDP Growth Rate QoQ.

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We expect AUDUSD to trend upwards today with a 66.67% chance.

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