Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 85.71% chance of this. We made this conclusion because the released value is > 3.1%. A price movement of 34 pips may be experienced.
Historical events that allowed us to draw this conclusion
29 May 12:30 |
29 Aug 12:30 |
29 Nov 13:30 |
25 May 12:30 |
30 Nov 13:30 |
25 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
