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”).
