We expect a $110 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards 2 hours following the RBA Interest Rate Decision events in Australia release because the released value is = 4.1%. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
18 Feb 03:30 |
05 Nov 03:30 |
24 Sep 04:30 |
06 Aug 04:30 |
07 May 04:30 |
19 Mar 03:30 |
07 Nov 03:30 |
03 Oct 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
