We expect C to trend downwards for the next 4 hours. Based on these past Australia RBA Interest Rate Decision news events there is a 72.73% chance of this. We expect this to happen because the released value is = 0.10%. A price movement of 7,800 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
