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We expect a 669 pip movement on RTY within 4 hours following the event release.

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 669 pip movement on RTY within 4 hours following the event release at 03 Mar 00:30 UTC. We expect RTY to trend upwards 4 hours following the event release at 03 Mar 00:30 UTC if the released value is > 2.5%

Historical events that allowed us to draw this conclusion

02 Dec 00:30
04 Mar 00:30
06 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 C to trend downwards today with a 75% chance.

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FRA40 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 8 days.

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