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We expect AUDUSD to trend downwards today with a 66.67% chance.

We expect AUDUSD to trend downwards later today. Based on these past Australia GDP Growth Rate QoQ news events there is a 66.67% chance of this. We expect this to happen if the released value is < 0.8%. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

07 Dec 00:30
02 Sep 01:30

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

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