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

Based on the last 12 RBA Interest Rate Decision events in Australia, PA may trend downwards for the next 12 hours. Based on these past events there is a 87.5% chance of this. This may happen because the released value is = 4.35%

Historical events that allowed us to draw this conclusion

19 Mar 03:30
06 Feb 03:30
05 Dec 03:30
07 Nov 03:30
03 Oct 03:30
05 Sep 04:30
07 Mar 03:30

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

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We expect a $1484 movement on USDCAD within the next 48 hours.

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We expect S to trend downwards right now.

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