Based on the last 12 RBA Interest Rate Decision events in Australia, we expect NKD to trend upwards right now. Based on these past events there is a 81.82% chance of this. We expect NKD to trend upwards for the next 48 hours because the released value is = 0.25%. A price movement of 65,500 pips is expected.
Historical events that allowed us to draw this conclusion
07 Jul 04:30 |
02 Jun 04:30 |
05 May 04:30 |
19 Mar 03:30 |
04 Feb 03:30 |
03 Sep 04:30 |
06 Aug 04:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
