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We expect C to trend downwards today with a 75% chance.

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect C to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 2.5%

Historical events that allowed us to draw this conclusion

02 Dec 00:30
05 Sep 01:30
06 Jun 01:30

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

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After testing 31322.0000 numerous times, US30 is once again approaching this price point. Can we expect a bearish trend to follow?

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We expect a 669 pip movement on RTY within 4 hours following the event release.

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