We expect a $1977162 movement on YM within the next 2 hours. We expect YM to trend downwards 2 hours following the RBA Interest Rate Decision events in Australia release because the released value is = 4.35%. A price movement of 5800 pips is expected.
Historical events that allowed us to draw this conclusion
03 Oct 03:30 |
05 Sep 04:30 |
04 Apr 04:30 |
07 Feb 03:30 |
06 Sep 04:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
