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We expect AUDUSD to trend upwards for the next 12 hours.

We expect AUDUSD to trend upwards for the next 12 hours. Based on these past Australia RBA Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.1%. A price movement of 53 pips is expected.

Historical events that allowed us to draw this conclusion

01 Mar 03:30
01 Feb 03:30
07 Dec 03:30
05 Oct 03:30
03 Aug 04:30
01 Jun 04:30
06 Apr 04:30
02 Mar 03:30

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

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