We expect CL to trend downwards for the next 12 hours.

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect CL to trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is = 0.75%

Historical events that allowed us to draw this conclusion

01 Oct 04:30

03 Sep 04:30

06 Aug 04:30

02 Jul 04:30

07 May 04:30

05 Feb 03:30

04 Dec 03:30

06 Nov 03:30

02 Oct 04:30

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