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We expect EURUSD to trend downwards right now.

Based on the last 12 RBA Interest Rate Decision events in Australia, we could see EURUSD trend downwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is = 4.35%

Historical events that allowed us to draw this conclusion

07 Nov 03:30
03 Oct 03:30
05 Sep 04:30
07 Mar 03:30
07 Feb 03:30

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

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USD/JPY heading towards a price it has tested 3 times in the recent past.

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We expect a 7700 pip movement on NQ for the next 4 hours.

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