We expect AUDUSD to trend downwards later today. Based on these past Euro Area ECB Interest Rate Decision news events there is a 81.82% chance of this. We expect this to happen if the released value is = 3%. A price movement of 49 pips is expected.
Historical events that allowed us to draw this conclusion
15 Dec 13:15 |
08 Sep 12:15 |
09 Jun 11:45 |
14 Apr 11:45 |
10 Mar 12:45 |
16 Dec 12:45 |
28 Oct 11:45 |
09 Sep 11:45 |
22 Jul 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
