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We expect a 6,994 pip movement on RTY for the next 12 hours.

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 6,994 pip movement on RTY for the next 12 hours. We expect RTY to trend upwards for 12 hours because the released value is = 0.1%

Historical events that allowed us to draw this conclusion

06 Apr 04:30
01 Dec 03:30
03 Nov 03:30
06 Oct 03:30
01 Sep 04:30
02 Jun 04:30
05 May 04:30
19 Mar 03:30

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

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There is a 66.67% chance of SI trending upwards

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We expect KW to trend upwards today with a 71.43% chance.

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