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We expect AUDUSD to trend downwards for the next 2 hours.

We expect AUDUSD to trend downwards for the next 2 hours. Based on these past Canada BoC Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 2.25%. A price movement of 46 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jun 14:00
26 Jan 15:00
08 Dec 15:00
27 Oct 14:00
08 Sep 14:00
14 Jul 14:00
09 Jun 14:00
10 Mar 15:00

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

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BTCEUR is approaching the support line of a Support. It has touched this line numerous times in the last 8 days.

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We expect CL to trend downwards with a 66.67% chance.

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